If you’re 65 or older and relying on Old Age Security (OAS) to help with living expenses, a new monthly payment is just around the corner.
OAS is a non-contributory government pension designed to support seniors across Canada in retirement. Payments are typically issued at the end of each month — either through direct deposit or by mail, depending on your setup with Service Canada.
Here’s everything you need to know about this month’s deposit, including how much you might get and who qualifies.
How much can you get in June 2025?
OAS amounts vary based on your age and annual income. For the second quarter of 2025 (April to June), the maximum monthly amounts are:
- $727.67 for seniors aged 65 to 74
- $800.44 for seniors aged 75 and over
Payments are adjusted every three months based on inflation. That means if the cost of living rises, your OAS amount may go up — but it won’t go down, even if inflation drops.
You can use Service Canada’s online estimator to get a better idea of how much you’ll receive based on your situation.
More about OAS payment amounts
When is the June 2025 OAS payment coming?
This month’s Old Age Security payment is scheduled for Wednesday, June 26, 2025.
The money usually lands in bank accounts on the official payment date if you’re signed up for direct deposit. If you receive paper cheques, it may take a few extra business days to arrive in the mail.
Who’s eligible for OAS payments?
You may qualify for Old Age Security if you:
- Are 65 or older
- Are a Canadian citizen or legal resident
- Have lived in Canada for at least 10 years after turning 18
You may still qualify even if you live abroad, as long as you were a Canadian citizen or legal resident before leaving and lived in Canada for at least 20 years as an adult.
More about OAS eligibility
How to apply
Many Canadians are automatically enrolled in OAS, but not everyone.
If you’re turning 65 soon, you should receive a letter from Service Canada explaining your options and letting you choose your start date (anytime between ages 65 and 70). If you don’t get that letter by the time you turn 64 and a month has passed, reach out to Service Canada to check your enrollment status.
You can apply by:
- Online: Through your My Service Canada Account
- By mail or in person: Using a completed application form and the required documents
More about applying for OAS
Is OAS taxable?
Yes, OAS is considered taxable income.
The government won’t automatically deduct tax from your monthly payments unless you ask. To avoid a larger tax bill at the end of the year, you can request voluntary deductions through your online account or by submitting the Request for Voluntary Federal Income Tax Deductions (CPP/OAS) form.
More about OAS and your taxes
Here are the upcoming OAS payment dates for 2025:
- June 26
- July 29
- August 27
- September 25
- October 29
- November 26
- December 22
For more on OAS eligibility, payment amounts, or how to apply, you can visit the Government of Canada’s official OAS page.
Love this? Check out our MTL Blog noticeboard for details on jobs, benefits, travel info and more!
AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog’s Editorial team. For more information on our use of AI, please visit our Editorial Standards page.
