Despite some headlines claiming a $2,800 OAS boost, there is no such guaranteed lump-sum increase. Old Age Security (OAS) is indexed quarterly to inflation (CPI), so benefits rise gradually over the year. What seniors will see instead are modest, inflation-based quarterly hikes — not a sudden $2,800 jump. For the…
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OAS Payment Update- Canadian Seniors To Receive $808 Monthly — See CRA Deposit Dates
Canadian seniors rely on the Old Age Security (OAS) pension for steady, predictable income. In 2025, payments continue to be indexed every quarter to help keep pace with inflation, while those aged 75+ benefit from the permanent 10% increase to their base OAS. Many seniors will see amounts around $808/month…