If you’re 65 or older and relying on Old Age Security (OAS) to help with everyday expenses, your August payment is on the way — and it’s still slightly higher than it was earlier this year.
OAS is one of the federal government’s key support programs for older Canadians. Whether you’re retired or just easing back on work hours, this monthly pension can help cover essential costs like rent, groceries, and transportation. Payments are reviewed and adjusted every quarter to reflect inflation, and new amounts kicked in at the start of July.
Here’s what to know about this month’s OAS payment, including the deposit date, eligibility, and current rates.
How much can you get in August 2025?
As of July 2025, the maximum OAS amounts increased slightly to reflect current inflation rates.
- Seniors aged 65 to 74 can receive up to $734.95 per month
- Seniors aged 75 and over can receive up to $808.45 per month
That’s a modest bump from the spring quarter. OAS payments are reviewed every January, April, July, and October. While they can go up, they won’t go down — even if the cost of living stabilizes or drops.
If you qualify for additional support programs like the Guaranteed Income Supplement (GIS), your total monthly benefit could exceed $1,800 depending on your household income and marital status.
More about OAS payment amounts
When is the August OAS payment coming?
According to the Government of Canada’s payment schedule, the August 2025 OAS deposit is set for Tuesday, August 27.
If you’re signed up for direct deposit, you should see the money in your account that day. If you receive payments by cheque, it may take a few extra business days to arrive by mail. Either way, the end of the month is typically when deposits are issued.
Who qualifies for OAS?
To receive Old Age Security, you must meet the following criteria:
- Be 65 years of age or older
- Be a Canadian citizen or legal resident
- Have lived in Canada for at least 10 years since turning 18
If you live outside Canada now, you may still qualify if you spent at least 20 years living in Canada as an adult.
Seniors with higher incomes may have to repay part of their OAS through a process known as the clawback. For 2025, that starts at a net annual income of $148,541 (ages 65–74) or $154,196 (75 and over).
More about OAS eligibility
How to apply for OAS
Many Canadians are automatically enrolled in OAS and receive a letter from Service Canada around their 64th birthday. If you don’t receive one or need to apply manually, you can do so by:
- Logging into your My Service Canada Account
- Sending a paper application by mail
- Visiting a Service Canada office in person
You can choose to start receiving OAS any time after age 65, up until age 70. Delaying your start date can increase your monthly payment.
More about applying for OAS
Is OAS taxable?
Yes, Old Age Security is considered taxable income.
By default, no tax is deducted from your monthly payment unless you specifically request it. To avoid surprises at tax time, you can set up voluntary deductions online or by submitting a federal form.
More about OAS and your taxes
Remaining 2025 OAS payment dates
Here are the last five OAS deposit dates for this year:
- August 27
- September 25
- October 29
- November 26
- December 22
If you haven’t enrolled in direct deposit yet, it’s the safest way to make sure your payment arrives on time.
For more information on your OAS eligibility, payment amounts, or how to apply, you can visit the Government of Canada’s official OAS page.
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