Under the Canada Revenue Agency, all retired and low income senior citizens will receive the Old Age Security benefits for 2025. As part of the Canadian government’s effort to assist seniors who are low on income and in need of financial assistance, the OAS benefits were established. To help retired senior citizens manage their monthly expenses, these payments were established them with a source of income each month.
The amount of OAS benefits is between $727.67 and $800.44depending on the age of the senior citizen. The benefits will be issued in January according to the $2120 OAS Payment Date 2025.
the monthly amount of these payments has not yet been confirmed by the CRA, the $2120 amount of OAS payments for 2025 is not the exact confirmed amount.
The OAS benefits are scheduled for its official release the established $2,120 OAS Benefit Eligibility Criteria 2025, under which these payments shall be given to seniors over the age of 65, with low incomes.
An applicant must live in Canada for at least ten years before applying. Additionally, eligible beneficiaries will receive $300 Canada Federal Payment 2025.
2025 OAS Payment Date: $2120
In 2025, seniors who qualify for OAS benefits will receive $2120 in benefits, after which they may apply directly through the Canada Revenue Agency. A resident, income, and age proof is required for online applications. Moreover, the $2120 OAS Payment Date 2025 is 29th January 2025, according to CRA.
For applying online, you can locate the application form using your MSCA, and submit the form and documents for verification. The $2,120 OAS benefit amount may not be true, as our research did not reveal any confirmation, and it might be based on a rumor or false report.
2025 Old Age Security Payment of $2120
About | $2120 Old Age Security Payment 2025 |
Country | Canada |
Authority | CRA |
Category | Finance |
Year | 2025 |
Name of the payments | OAS |
Amount | $2120 |
Frequency | Monthly payments |
Payment dates | January 2025 |
Eligibility | Low income elderly citizens |
Official online portal | Canada Revenue Agency |
Eligibility Criteria for $2,120 OAS Benefits in 2025
You must meet the $2,120 OAS Benefit Eligibility Criteria 2025 in order to qualify for the benefit.
- Legal citizens and permanent residents.
- All applicants who wish to qualify for OAS benefits must be over 65 years of age.
- A willing elderly OAS applicant must have lived in Canada for over ten years after turning 65 according to CRA residency rules.
- Applicants must have lived continuously in Canada for over 20 years before applying for OAS 2025 benefits.
- A person applying for OAS must be physically present in Canada during the application period, and those living outside of the country must return to the country six months before their 65th birthday.
$2,120 OAS Payment Date January 2025
Month | CRA 2025 Schedule |
January/2025 | 29th |
2025 Old Age Security Payment Claim Form $2120
Following are the instructions for claiming $2120 Old Age Security Payment 2025.
- Direct deposits will be made to those waiting for bonus payments under the OAS; they do not need to apply separately.
- Firstly, gather all the necessary documents including the birth certificate, residency, income, and work history, which must be shown for both online and offline applications.
- The online official handle of the CRA can be found here. Use your MSCA to locate your application form, complete it, and submit it along with your documentation proof.
Amount of OAS monthly benefits in 2025
Criteria | OAS Monthly Benefits Amount 2025 |
Age 65 to 74 | $727.67 |
Age 75 and above | $800.44 |
Fact Check: $2120 OAS Payment
In the latest articles and media reports, some unofficial sources have reported that the old age security benefits based on CRA are $2120. However, we have been unable to find any declaration of this amount by the government of Canada or the CRA. Until then, we can see the official monthly amount of OAS benefits based on the applicant’s age. A detailed explanation of the eligibility criteria, application process, payment dates, and monthly amount of OAS benefits was provided in the above article. Before believing any rumours relating to CRA benefits that are released by an unofficial source, it is best to contact the CRA’s official handle and confirm them first.