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 |
Year | 2025 |
Month | February |
Country Name | Canada |
Program Name | Old Age Security |
Issuing Agency | CRA |
Canada Old Age Security Eligibility 2025 | Old Age Seniors of age 65 Years |
Purpose | Financial Aid |
CRA Old Age Security Payment Schedule 2025 | Refer this Guide |
Payment Frequency | Monthly |
Post Category | Finance |
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 – Year | Deposit Dates |
February – 2025 | 26th |
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.