65+ people will get a gift of $713.34 in 2025! Know when the pension will come

65+ people will get a gift of $713.34 in 2025! There is a big relief news for citizens aged 65 years and above in Canada from November 2025. From this month, the Old Age Security (OAS) pension will be increased by $713.34 per month. This increase has been done keeping in mind inflation so that senior citizens can better manage their financial situation.

Apart from this, a Guaranteed Income Supplement (GIS) is also available for low-income seniors, which can provide them additional financial support. In this article, we will know in detail about the OAS pension increase, eligibility, payment dates and the process of getting it.

Old Age Security (OAS) Pension in November 2025

Old Age Security (OAS) pension is an important financial assistance provided to senior citizens of Canada. From November 2025, the amount of OAS pension will be increased to $713.34 per month for seniors aged 65 to 74 and $784.67 per month for those above 75 years of age.

This increase has been made by the government keeping inflation in mind, so that senior citizens can meet their living requirements and do not have to face financial difficulties.

Key information about OAS Pension

Description	Information
Monthly Payment for Ages 65-74	$713.34 (November 2025)
Monthly Payment for Ages 75+	$784.67
Eligibility	Must be 65 or older, Canadian citizen or legal resident, meet residency and income criteria
Payment Date (November 2025)	November 27, 2025
Guaranteed Income Supplement (GIS)	Additional support for low-income seniors
Direct Deposit	Available through My Service Canada Account

What is an Old Age Security (OAS) Pension?

Old Age Security (OAS) pension is a monthly financial assistance provided by the Canadian government to senior citizens. It is an entitlement-based program, for which no work experience is required to avail the benefits.

However, the amount of OAS pension may depend on various factors, such as the period of residence in Canada and the annual income of the individual.

OAS Pension Structure 2025

OAS payments are revised every quarter (January, April, July and October), keeping it in line with inflation based on the Consumer Price Index (CPI).

From November 2025, OAS payments will be as follows:

• For seniors aged 65-74 years: $713.34 per month
• For those aged above 75 years: $784.67 per month

This increase has been made to provide relief to seniors from the financial problems caused by rising inflation.

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Eligibility Criteria for OAS Pension

If you want to receive OAS pension, you must fulfill some important conditions:

1. Age: 65 years or above.
2. Residence:
   • To receive full OAS pension, must have resided in Canada for at least 40 years after the age of 18.
   • For partial OAS pension, must have resided in Canada for at least 10 years after the age of 18.
3. Income Limits:
   • If your annual income exceeds $86,912 (as of 2025), your OAS amount may be subject to OAS Recovery Tax.
   • If your annual income is more than $148,065, you cannot receive an OAS pension.
4. The Guaranteed Income Supplement (GIS) is available for low-income seniors, which provides additional support.

How to apply for an OAS pension?

If you are not automatically enrolled for an OAS pension, you will need to apply for it through My Service Canada Account (MSCA).

The OAS application process:

1. Apply online:
   • Log in to My Service Canada Account.
   • Upload the required information and documents.
   • Add direct deposit information so payments come straight to your bank account.
2. Paper application:
   • If you cannot apply online, you can fill out a paper application and send it to Service Canada.
3. Delaying OAS payments:
   • If you defer receiving OAS after age 65, you receive an increase of $0.157x each month.
   • If you defer taking OAS until age 70, you will receive 36% more payments.

OAS payment dates (2025)

The OAS pension payment dates will be as follows:

• January 29
• February 27
• March 26
• April 26
• May 29
• June 26
• July 29
• August 28
• September 25
• October 29
• November 27
• December 20

How to manage OAS payments?

The OAS pension is the main income source for many seniors. Here are some tips to manage it properly:

• Create a budget: Create a spending plan based on your monthly needs.
• Use direct deposit: Link to My Service Canada Account so payments arrive in your account on time and securely.
• Keep an eye on income: If your income is exceeding the OAS recovery tax limit, plan a tax strategy to avoid OAS deduction.

Conclusion

The increase in OAS pension from November 2025 is good news for senior citizens. This increase will help them cope with rising inflation and maintain their quality of life. If you are eligible for OAS, apply on time and secure your financial future.

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