OAS increase at age 75
In July 2022, there was a change made to OAS so that pensioners 75 and older receive a 10% increase in their pension payments.
The reason your pension did not change, Luis, is because the first increased payment occurs the month after you turn 75. So, you can expect to see an increase in your June payment.
The increase is automatic, so you do not need to worry about applying. It is not a one-time increase, either. It is a permanent 10% increase in your payments.
The maximum monthly OAS payment for the second quarter of 2025 for Canadians aged 75 and older is $800.44 for those who began their pension at age 65. To receive the maximum, your net world income for the 2023 tax year must have been less than $148,179.
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Applying for CPP and OAS
When you first apply to begin your OAS or your Canada Pension Plan (CPP) payments, Service Canada provides guidelines for processing the application.
If you apply online, it generally takes less than two weeks. You can apply by registering for or signing into your My Service Canada Account.
If you mail in a paper OAS application or a paper CPP application, it can take up to four months to process.
When does OAS start?
An OAS pension can begin for Canadians as early as age 65. A CPP pension can begin as early as age 60.
