As 2025 unfolds, Canadian seniors are seeing a boost in their monthly income thanks to increased Old Age Security (OAS) and Guaranteed Income Supplement (GIS) payments.
You could now receive up to $1,790 through OAS and an additional $943 via GIS, totaling $2,733 per month if eligible.
Here’s a complete breakdown of the updated amounts, eligibility rules, payment schedule, and tips on how to maximize your monthly retirement income.
2025 OAS & GIS Monthly Payment Breakdown
| Benefit Type | Monthly Amount (2025) |
|---|---|
| Basic Old Age Security | Up to $1,790 |
| Guaranteed Income Supplement (GIS) | Up to $943 |
| Combined Total | Up to $2,733 |
These payments are indexed to inflation to ensure that seniors keep up with rising costs.
What’s New in 2025?
The most significant change this year is the inflation-adjusted increase to the Old Age Security and GIS amounts. With rising living costs, this adjustment ensures seniors aren’t left behind.
Additionally, Service Canada is improving payment systems to ensure quicker processing, better accessibility, and streamlined eligibility checks.
OAS and GIS Eligibility Criteria
To determine if you qualify for these benefits, here’s what you need to know:
Age Requirement
- You must be 65 years or older to begin receiving Old Age Security. No early access is available.
Residency Requirements
- Minimum of 10 years of residence in Canada after age 18 is required for partial benefits.
- 40 years of residence is required for full benefits.
- International agreements may help qualify even if you currently live abroad.
Income Threshold
- If your annual income exceeds $87,000, you may face an Old Age Security Recovery Tax (commonly called the “clawback”).
How to Boost Your Monthly OAS Income
Here are key strategies to maximize your retirement benefits:
- Increase Residency Duration: More years in Canada = higher Old Age Security.
- Apply for GIS: Available for seniors with low annual income (under $20,952 for singles).
- Delay Old Age Security Until Age 70: Each month you delay past 65 adds 0.6%, up to 36% more at age 70.
- Avoid the Clawback: Use TFSAs instead of RRSPs, consider income splitting, and plan RRSP withdrawals carefully.
2025 OAS & GIS Payment Schedule
Ensure your payments arrive on time by reviewing the official deposit dates:
| Month | Payment Date |
|---|---|
| January | January 30, 2025 |
| February | February 27, 2025 |
| March | March 28, 2025 |
| April | April 29, 2025 |
| May | May 29, 2025 |
| July | July 30, 2025 |
| August | August 28, 2025 |
| September | September 29, 2025 |
| October | October 30, 2025 |
| November | November 27, 2025 |
| December | December 30, 2025 |
Tip: Set up direct deposit with Service Canada for secure, timely payments.
With the updated OAS and GIS benefits, retirees in Canada now have access to up to $2,733 per month in 2025.
Whether you’re already receiving payments or planning to apply, make sure you meet the eligibility requirements, understand your options for boosting income, and know when to expect your monthly payments.
This is a valuable opportunity to maximize your retirement income, so take the right steps now and ensure your financial future is secure.
FAQs
Can I receive both OAS and GIS at the same time in 2025?
Yes, if you meet the income criteria for GIS and are 65+ with sufficient residency, you can receive both.
What is the maximum total monthly benefit I can receive in 2025?
If eligible, you can receive up to $2,733 per month, combining OAS ($1,790) and GIS ($943).
What if I live outside Canada—can I still get OAS?
Yes, if you’ve lived in Canada for at least 20 years after turning 18 or qualify under a social security agreement.