John Hughie
The Canada Revenue Agency (CRA) has confirmed that the October 2025 Old Age Security (OAS) payments will be issued on Wednesday, October 29, 2025.
Seniors aged 75 and older will receive the enhanced payment of $784.67 CAD, while those aged 65–74 will get $713.34 CAD. For many, this monthly benefit is a vital part of their retirement income.
What Is Old Age Security (OAS)?
Old Age Security is a federal benefit available to Canadians aged 65 or older, funded through government revenues—not individual contributions.
This monthly payment aims to support retirees with essential expenses like housing, food, and medical needs. Many seniors augment OAS with the Guaranteed Income Supplement (GIS) if they have low income.
Who Qualifies for the October 2025 OAS Payment?
To receive the October OAS deposit, you must:
- Be 65 years of age or older
- Be a Canadian citizen or permanent resident
- Have lived in Canada for at least 10 years after turning 18
- Live outside Canada? You may still qualify through international agreements or residency history
October 2025 OAS Payment Schedule & Amounts
Here’s a breakdown of what recipients can expect:
| Benefit | Age Group | Monthly Amount | Deposit Date |
|---|---|---|---|
| Basic OAS Pension | 65–74 years | $713.34 | October 29, 2025 |
| Basic OAS Pension | 75 years and over | $784.67 | October 29, 2025 |
| Guaranteed Income Supplement (GIS) | Varies by income | Up to $1,065.47 | October 29, 2025 |
Why Do Seniors 75+ Receive More?
The enhanced OAS payment for seniors aged 75 and older stems from a cost-of-living adjustment approved in 2022.
It acknowledges higher expenses typical of later retirement, like healthcare and mobility needs. This adjustment remains in effect for October 2025, delivering a $71.33 monthly boost.
What Is the Guaranteed Income Supplement (GIS)?
The GIS supplements the basic OAS for low-income seniors.
- Single seniors may receive up to $1,065.47 CAD per month in October, based on 2025 income thresholds.
- Eligibility depends on your net income being below the GIS limit (approximately $21,624 CAD for singles in 2025).
OAS Income Thresholds & Clawback
If your net annual income surpasses $90,997, the OAS Recovery Tax (clawback) kicks in. Your OAS benefit is then reduced in proportion to your income level beyond the threshold. Make sure to know where you stand and plan accordingly.
What to Do If Your Payment Is Delayed
If you haven’t received your October payment by November 1:
- Log in to My Service Canada Account (MSCA) to check the status
- Confirm your personal and banking details are current
- Call the toll-free OAS helpline for help
- Visit a local Service Canada Centre if needed
For reliability, ensure you’re signed up for direct deposit.
How to Keep OAS Payments Smooth
- Check MSCA regularly for upcoming payments and changes
- Update banking info and address if anything has changed
- Report major life changes (marital status, residency, etc.) promptly
- Apply for GIS if your income qualifies—this ensures combined support
OAS Within Your Retirement Plan
Your retirement income often includes multiple streams:
- CPP (Canada Pension Plan)
- OAS – foundational government benefit
- GIS – top-up for low income
- Provincial top-ups and tax credits
- Personal savings (RRSPs, pensions, investments)
OAS and GIS are tax-free but counted for tax purposes. Understanding how they interact helps with budgeting and financial stability.
The CRA’s confirmation of the October 29, 2025 OAS deposit ensures seniors know exactly when and how much to expect: a monthly payment of $713.34 (age 65–74) or $784.67 (age 75+), along with a potential GIS top-up depending on income.
To avoid delays, confirm your direct deposit settings, check service accounts, and plan for any clawback impacts if your income is high.
Stay informed and make sure this essential retirement benefit reaches you reliably.
FAQs
Who qualifies for the $784 OAS payment in October 2025?
Seniors aged 75 and above, who are Canadian residents with 10+ years of Canadian residence post-18.
How much GIS can I qualify for in October 2025?
If your income is low, you may receive up to $1,065.47 CAD per month, on top of your OAS.
What if I haven’t received the payment after October 29?
Check your MSCA account, ensure your direct deposit details are correct, and contact the OAS helpline if needed.
