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In July 2025, Canada’s Old Age Security (OAS) benefit receives a 1.0% cost-of-living increase, marking a 2.3% rise over the last year.
Seniors aged 65–74 will see a max monthly benefit of $734.95, while those 75 and older will receive $808.45.
Combined with additional federal supplements, some seniors may receive up to $1,860 in total benefits.
July 2025 OAS + Supplement Overview
| Category | Age / Residency | Max Monthly Old Age Security | Supplemental Income | Total Max (Est.) |
|---|---|---|---|---|
| Basic Old Age Security | 65–74 years, ≥10 years in Canada | $734.95 | N/A | $734.95 |
| Old Age Security + 10% boost | 75+ years, ≥10 years | $808.45 | Depends on GIS or top-ups | Up to $808.45 |
| Old Age Security + GIS low-income top-up | 65+ low-income | — | GIS up to $1,097.75 (single) | Varies with Old Age Security |
| Old Age Security + Allowance (60–64 spouse) | 60–64, spouse eligible | — | Allowance up to $1,395.73 | — |
| Old Age Security + Survivor Allowance (60–64) | 60–64, surviving spouse/partner | — | Up to $1,663.81 | — |
Note: The $1,860 figure represents the combined total of OAS and supplementary payments, not a single Old Age Security cheque.
Who Qualifies for up to $1,860 in July?
- Age: At least 75 years old for full base benefit plus 10% boost.
- Residency: Lived in Canada for at least 10 years post‑18, ideally 40 years for full Old Age Security
- Income: Annual net world income below $154,196 (for 75+) to avoid full clawback
- Supplement Eligibility: Receiving Guaranteed Income Supplement (GIS), Allowance, or Allowance for the Survivor based on income and marital status.
Payment Date for July 2025
All eligible seniors will receive their July Old Age Security deposit on Tuesday, July 29, 2025. Direct deposit is the secure, preferred method.
Understanding the Increase
- Based on CPI data from Feb–Apr 2025 vs. May–Jul 2024, the 1.0% increase ensures Old Age Security keeps pace with inflation
- This adjustment frames a 2.3% annual increase and doesn’t apply to supplemental benefits like GIS
OAS vs. Partial vs. Deferred
- Full OAS: 40+ years residency, full benefit.
- Partial OAS: 10–39 years; benefit prorated at (years ÷ 40) × max.
- Deferral Bonus: Delay Old Age Security up to age 70 for +0.6% monthly (max +36%)
- Starting at 69 or 70 could push final Old Age Security to ~$950–$1,000/month, not a $1,860 lump sum
July Payment Breakdown
- 65–74: $734.95 monthly.
- 75+: $808.45, automatic 10% senior boost.
- With GIS top-up: Up to $1,097.75/month (single).
- Combined total: Up to $1,860/month for fully eligible low-income seniors.
In July 2025, Old Age Security benefits receive a modest but meaningful 1.0% CPI-based increase, boosting payments to $734.95 (ages 65–74) and $808.45 (75+).
Combined with the Guaranteed Income Supplement and other allowances, seniors could see total monthly support reach $1,860.
The deposit date is July 29, and no separate $1,860 cheque is being issued—it’s simply the maximum combined benefit for qualifying seniors.
FAQs
Is the $1,860 payment just one OAS cheque?
No. It’s the combined monthly total from OAS plus supplemental programs like GIS or Allowances.
Who can get the full $808.45 OAS amount?
Seniors aged 75+ who’ve lived in Canada 40+ years and whose income is below the clawback thresholds qualify for the full OAS.
Can deferring OAS until age 70 get me $1,860?
No. Deferring adds up to 36% extra to base OAS (capped near $1,000/month), but $1,860 still requires supplemental benefits like GIS.