$1,000 + $946 Extra OAS Payment In February – Eligibility & Check Amount For 2025

There have been discussions in Canada regarding the $1,000 + $946 Extra OAS Payment in February 2025. Canadian seniors will soon receive $1000 and $946 from the CRA. The $1000 goes to old age claimants and $946 goes to seniors as an extra payment. The $946 can be used as a GIS payment.

Therefore, seniors can receive $1946 or more per month. Senior citizens can claim the monthly payments from the Old Age Security program. The OAS pension is a taxable payment funded by general taxes.

As a result, seniors can claim this retirement payment without making any contributions. Seniors with lower earnings will receive an additional non-taxable benefit known as the GIS Payment. The GIS Payment is also available to those who claim the old age pension.

In February 2025, you’ll receive $1,000 plus $946 extra in OAS

Those who delay their benefits can claim $1,000 plus $946 extra OAS payments in February 2025. Those who qualify for GIS benefits can claim an extra $946. Seniors have the option of delaying their payments with the CRA. As a result, the raised amounts will be given to the seniors. Residents can receive a monthly benefit of $989.63 which is rounded to $1000 if they delay their payments until they are 70 years old. Monthly GIS payment is $1086.88. Therefore, those who claim GIS with OAS can get an average payment of $946. In other words, this $1000 and $946 extra OAS Payment are the reliable benefits. However, the CRA does not provide these benefits together. 

CRA Old Age Security Benefits 2025- Overview 

Post Title $1,000 + $946 Extra OAS Payment In February 2025
Year2025
MonthFebruary 
Country Name Canada
Program Name Old Age Security 
Issuing Agency CRA
Canada Old Age Security Eligibility 2025Old Age Seniors of age 65 Years 
Purpose Financial Aid 
CRA Old Age Security Payment Schedule 2025Refer this Guide 
Payment Frequency Monthly 
Post CategoryFinance
Official Web Page www.canada.ca

Eligibility for Old Age Security in Canada by 2025

Conditions for eligibility for OAS:

  • Pensions are available to people over 65.
  • This OAS Pension is available to Canadians with legal residency.
  • It is possible to delay the OAS Pension until the age of 70 and then pay the raised payments to the seniors.
  • A person who has held continuous Canadian residency since the age of 18 is eligible to receive this pension.
  • In 2024, the annual income must be:
Age Annual Income In 2024
65 Years – 74 Years $1,48,451
75 Years or Over $1,54,196

Conditions for GIS eligibility: 

  • Seniors 65 years and older can receive additional payments.
  • This GIS Payment is available to Canadian citizens with legal citizenship.
  • Old-age pensioners can also claim the GIS Payment.
  • In 2024, the annual income must be:
Marital Status Annual Income In 2024
Single $22,056
Widowed$22,056
Divorced $22,056
Married (Partner claim for Full OAS Pension)$29,136
Married (Partner claim for Allowance)$40,800
Married (Partner does not claim for Allowance or Full OAS)$52,848

Schedule of Old Age Security Payments for 2025 from the CRA

Pension payments of $1000 and $946 are expected to be paid out in February. The $1000 and $946 are part of the old age pension and the GIS payments. Whether GIS or OAS are issued by the CRA, both are delivered via direct deposit or cheque on the same date. These pension payments will be delivered on February 26th, 2025. 

Month – YearDeposit Dates 
February – 202526th

Check the facts: $1000 + $946 Extra Benefits in 2025

It may be reliable to expect $1000 and $946 in OAS pensions. For OAS claimants who delayed their payments till 70 years of age, they can get a raised benefit of $989.63 per month, which is about $1000 per year. These residents can also qualify for GIS Payments. In this case, seniors can claim an extra average GIS Payment of $946 because the GIS offers a maximum of $1086.88 per month. However, the CRA does not clarify such benefits on its official website. OAS and GIS payments are issued individually by the CRA. Seniors can check My Service Canada Account or the CRA official page for more verification updates.

About John Parker

John is a seasoned finance professional with over five years of experience in the financial sector. Throughout his career, he has contributed to various esteemed financial publications, including USA Today and The Sun, among others. His expertise spans across financial analysis, investment strategies, and market trends, making his insights invaluable for anyone looking to deepen their understanding of finance. Through his work on multiple finance-focused websites, John aims to provide readers with reliable, informative, and actionable financial content.

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