John Hughie
The Old Age Security (OAS) program continues to provide crucial financial assistance to seniors across Canada.
For July 2025, some qualified seniors may receive up to $1,546 per month when combining OAS with the Guaranteed Income Supplement (GIS). However, not everyone is entitled to this full amount.
In this article, we break down who qualifies, the eligibility requirements, the actual payment date, and how income and age affect your OAS amount.
What Is OAS and How Much Can You Get?
Old Age Security (OAS) is a monthly pension paid to seniors aged 65 and over. It’s not based on employment history but rather on residency and income. In 2025, the maximum monthly OAS payment is:
| Age Group | Base OAS | Max GIS | Total (OAS + GIS) |
|---|---|---|---|
| 65–74 | $727.67 | $818.33 | ~$1,546 |
| 75+ | $800.44 | $745.56 | ~$1,546 |
The maximum OAS amount increases for those aged 75 and above. The GIS is a non-taxable supplement for low-income seniors, which brings the combined total up to $1,546 for those who qualify.
OAS Payment Date – July 2025
The next scheduled OAS payment will be issued on July 27, 2025. Payments typically arrive near the end of each month, and seniors enrolled in direct deposit will receive it automatically in their bank accounts.
To check your payment details or history, visit your My Service Canada Account.
Who Qualifies for the Full $1,546 in July?
To receive the maximum OAS + GIS amount, you must meet the following eligibility requirements:
Age Criteria
- You must be at least 65 years old
- If you are 75 or older, you qualify for the increased OAS rate
Residency Requirements
- Must have lived in Canada for at least 10 years after the age of 18
- For full OAS, 40 years of residence is typically required (or prorated accordingly)
Income Requirements
While OAS is not income-tested to qualify, high-income earners may face OAS clawbacks. The thresholds for 2023 income used in July 2025 assessments are:
| Age Group | Clawback Starts At |
|---|---|
| 65–74 | $142,609 |
| 75+ | $148,179 |
If your income exceeds these limits, your OAS will be reduced via the OAS Recovery Tax. Low-income seniors who also qualify for GIS can receive the full $1,546 monthly amount.
OAS and Inflation Adjustments
OAS payments are indexed quarterly to the Consumer Price Index (CPI). That means if inflation rises, your OAS payment will increase to help maintain your purchasing power. Adjustments take place in January, April, July, and October.
Is OAS Taxable?
Yes, OAS is considered taxable income. It must be reported on your tax return and could be partially clawed back through the OAS Recovery Tax if your annual income exceeds the threshold.
To reduce clawbacks:
- Consider income-splitting with your spouse
- Explore RRSP withdrawals at lower income levels
- Consult a tax advisor for strategies to optimize retirement income
How to Apply for OAS
If you’re nearing age 65, apply about 6 to 12 months in advance. Applications can be submitted:
- Online via My Service Canada Account
- Or by mail using a paper form
You can still apply after age 65, but you may miss out on retroactive payments. Delaying your OAS past age 65 can also increase your monthly payments by up to 36% if deferred to age 70.
The $1,546 OAS payment in July 2025 is real, but only available to seniors who meet age, residency, and income requirements, especially those receiving the GIS supplement. With inflation, taxation, and income planning all affecting your benefit, it’s crucial to stay informed.
If you’re approaching 65 or already retired, review your income, apply early, and plan strategically to maximize your OAS benefits and ensure a more comfortable retirement.
FAQs
When is the July 2025 OAS payment?
The next OAS payment is scheduled for July 27, 2025.
Who qualifies for the full $1,546 OAS amount?
Seniors aged 65+ with low income who also receive the Guaranteed Income Supplement (GIS) may qualify for the full amount.
Is OAS income taxable in Canada?
Yes, OAS is taxable, and high-income seniors may face clawbacks through the OAS Recovery Tax.
