John Hughie
If you’re 65 or older and receiving Canadian retirement benefits, your next Old Age Security (OAS) payment is scheduled for this month — and you’ll notice a slight increase in the amount due to inflation adjustments.
OAS is a key financial support for Canadian seniors, helping to offset everyday living expenses in retirement. Payments are revised quarterly, and the latest boost applies to the July through September 2025 period.
Here’s a complete breakdown of the latest OAS update, including eligibility, new payment amounts, and upcoming deposit dates.
Understanding OAS: What It Is and Who Can Receive It
Old Age Security (OAS) is a monthly federal pension that provides financial support to most Canadian seniors, regardless of their employment history. To qualify for OAS, you must meet the following conditions:
- Be 65 years of age or older
- Have resided in Canada for at least 10 years after turning 18
- Be a Canadian citizen or legal resident
Even if you’re currently living abroad, you’re still eligible if you previously lived in Canada for at least 20 years as an adult.
Income-Based Clawback
If your net annual income surpasses specific thresholds, you may face a partial repayment, commonly called a clawback:
- $148,541 for those aged 65 to 74
- $154,196 for those 75 and older
When Will You Receive Your July 2025 OAS Payment?
The next OAS deposit is scheduled for Tuesday, July 29, 2025, in line with Service Canada’s regular end-of-month schedule.
- If you’re enrolled in direct deposit, funds should appear in your bank account that day.
- If you still receive a paper cheque, expect it by mail around the same date — though postal delays are possible.
Tip: Direct deposit remains the fastest and most reliable method to receive your payments.
New OAS Payment Amounts for July to September 2025
The updated OAS rates are as follows:
| Age Group | Maximum Monthly OAS Payment |
|---|---|
| Ages 65–74 | $734.95 |
| Ages 75 and up | $808.45 |
These rates reflect a modest increase from the previous quarter. OAS amounts are adjusted quarterly in January, April, July, and October to align with inflation. Importantly, they never decrease.
GIS & Allowance Add-ons
If you’re also eligible for the Guaranteed Income Supplement (GIS) or Allowance, your total monthly benefit could exceed $1,800, depending on your household income and marital status.
How to Apply for OAS Benefits
In most circumstances, people are automatically registered and get a letter from Service Canada around their 64th birthday.
If you are not automatically enrolled, you may apply in the following ways:
- Online: Via your My Service Canada Account
- Mail: Submit a paper application form
- In Person: Visit any Service Canada office
You may choose to delay your OAS start date up to age 70. Postponing increases your monthly benefit permanently.
Is OAS Taxable Income?
Yes. OAS payments are taxable. Unless you specifically request tax to be withheld, no deductions are made at the time of payment, which could result in owing tax at year-end.
To avoid unexpected tax bills, you can:
- Request voluntary tax deductions via your online account
- Submit a Request for Voluntary Federal Income Tax Deductions form
Remaining 2025 OAS Payment Schedule
Mark your calendar with these remaining OAS payment dates for 2025:
| Month | Payment Date |
|---|---|
| August | August 27 |
| September | September 25 |
| October | October 29 |
| November | November 26 |
| December | December 22 |
For timely delivery, especially if you rely on the mail, consider switching to direct deposit.
The Old Age Security (OAS) payment for July 2025 comes with a slight increase, benefiting millions of Canadian seniors as part of routine quarterly adjustments.
With payment amounts now reaching $808.45 per month for seniors 75 and older, it’s essential to stay informed about deposit dates, tax obligations, and application procedures.
Whether you’re newly eligible or already receiving payments, understanding how the system works ensures you get the maximum financial support you deserve.
FAQs
Can I receive OAS if I live outside Canada?
Yes, you can still qualify if you lived in Canada for at least 20 years as an adult before moving abroad.
How much more is the OAS payment compared to last quarter?
While the exact increase varies, each age group received a modest raise to reflect inflation for the July–September 2025 quarter.
What happens if I delay my OAS payments past age 65?
Delaying OAS up to age 70 will permanently increase your monthly benefit amount.
