The Old Age Security benefits in Canada were established in favor of providing financial assistance to retirees with lower incomes. As per the schedule released by the CRA, the OAS benefits for 2025 will commence in January and continue each month.
As a result of the OAS Changes For 2025 By CRA, people manage their monthly expenditures, including electricity bills, groceries, and healthcare. This article explains all the latest changes in association with the OAS benefits for 2025 enhance their benefits and boost the country’s economy.
Based on the new changes to OAS benefits from 2025 onwards, OAS benefits for 2025 will be comparatively higher than those for 2024. the cost of living and inflation rates in the country, the amount of social security benefits is adjusted under the CRA.
OAS benefits increased by 2.4% to keep up with living costs, allowing beneficiaries to meet their monthly expenses and plan for retirement. To qualify for Old Age Security benefits, you must meet the Eligibility Criteria 2025. In April 20225, the amount will be adjusted. Until then, the latest amount is $727.67 to $800.44 based on the applicant’s age.
Moreover, the CPP $1025 Deposit Direct February 2025 is expected to help seniors with low incomes.
OAS Changes For 2025 By CRA
Although the established eligibility criteria will remain the same, the amount of OAS 2025 payments in Canada will increase from January 2025. OAS Changes For 2025 By CRA may also adjust the income limits at which the government determines if an applicant is eligible to receive payments. Aside from that, any new changes to the OAS benefits will be updated upon confirmation by the Canadian Revenue Agency on its official handle. If you are interested in starting your OAS benefits from 2025 onwards, you can apply from the CRA’s official website and use your MSCA to keep up to date.
Changes to Old Age Security by the CRA for 2025
| About | Old Age Security Changes For 2025 By CRA |
| Country | Canada |
| About | OAS |
| Authority | Services Canada |
| Category | Finance |
| Year | 2025 |
| Eligibility | Low income, retired, 65 plus, |
| New updates | Changes to payments amount, increase in income limits |
| Amount | $727.67 to $800.44 |
| Payment dates | January 29, 2025 |
| Frequency | Monthly payments |
| Official portal | Official portal of the CRA |
Criteria for Old Age Security Eligibility in 2025
Here are the points you need to know about the Old Age Security Eligibility Criteria 2025.
- Since the OAS was established for senior citizens in Canada, it is only available to citizens and permanent residents.
- Residency rules require applicants to have lived in Canada for over ten years before applying.
- If someone lives abroad for work, they should have returned to Canada within six months of retirement and be available when applying.
- If you apply one month before your 64th birthday, payments will begin once you turn 65.
In 2025, How To Claim Old Age Security Benefits
For 2025, Old Age Security benefits should be claimed by following these steps.
- To qualify for OAS benefits in 2025, you must first contact the CRA’s official center.
- Select your application mode and gather all required documents, such as birth certificates, proofs of income, work, assets, and banking information.
- Applicants who wish to submit their application offline should print the form and take it to their nearest Services Canada office along with the required documents.
- Fill out all the details on your OAS application carefully, and submit it along with your digital documents for online applications.
Amount of OAS payments in 2025
| Age 65 and above | $727.67 |
| Age 75 plus | $800.44 |
OAS Payment Schedule 2025
| January | 29th |
| February | 26th |
| March | 27th |
| April | 28th |
| May | 28th |
| June | 26th |
| July | 29th |
| August | 27th |
| September | 25th |
| October | 29th |
| November | 26th |
| December | 22nd |
