$2,254 OAS Payment in June 2025 – Are You Eligible?

As June 2025 approaches, many Canadians nearing retirement are eager to take full advantage of their Old Age Security (OAS) benefits. With the potential to receive up to $2,254 in one month, it’s no wonder retirees are digging into the details. But how do you qualify, what impacts the payment amount, and what can you do to maximize your benefits?

Here’s a practical guide to everything you need to know about the OAS program and how to make the most of it.

Overview

Old Age Security is one of Canada’s core retirement programs. Unlike the Canada Pension Plan (CPP), you don’t have to pay into it to qualify. OAS is funded by general tax revenues and is designed to provide monthly financial support to seniors across the country.

Some key points:

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• It’s available whether or not you worked in Canada.
• Payments are adjusted every quarter for inflation.
• You can receive it while living abroad, as long as certain residency rules are met.

June 2025

In June 2025, eligible seniors may receive:

• $727.67 monthly for those aged 65 to 74
• $800.44 monthly for those aged 75 and older

When combined with other potential credits like retroactive payments or the Guaranteed Income Supplement (GIS), some recipients could receive up to $2,254 for the month. These figures are based on recent inflation-indexed increases and may vary slightly as adjustments continue.

Eligibility

To qualify for OAS, there are three primary requirements:

1. Age: You must be 65 years or older. If you delay receiving OAS until age 70, you can increase your monthly benefit by up to 36 percent.
2. Residency: You must have lived in Canada for at least 10 years after turning 18. For the full benefit, 40 years of residency is typically required.
3. Income: Your net individual income must fall below the clawback threshold. In 2023, the recovery threshold was $90,997. This amount is indexed and will likely rise slightly in 2025.

Claw Back

If your income exceeds the threshold, you’ll face a recovery tax. For every dollar over the limit, 15 cents is deducted from your OAS payment. For higher-income retirees, this could significantly reduce monthly payments or eliminate them altogether.

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CPP Confusion

Many people think OAS is tied to CPP contributions, but this is a myth. OAS is non-contributory, meaning you don’t need to have worked or paid into CPP to receive it. As long as you meet the age, residency, and income criteria, you’re eligible.

Apply

If you’re not automatically enrolled, follow these steps:

• Confirm your eligibility
• Apply through your My Service Canada Account or submit a paper application
• Include proof of age, residency, and income if requested
• Track your application status online

GIS Boost

The Guaranteed Income Supplement (GIS) can increase your monthly benefit significantly. GIS is available to low-income seniors already receiving OAS. For example, in 2023, single seniors earning less than $20,832 annually qualified.

If you’re eligible, GIS payments are added to your OAS deposit and are non-taxable. It’s a great way to enhance your monthly retirement income if your savings are limited.

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Tips

Want to maximize your OAS benefits? Here are a few strategies:

• Defer your payments: Waiting past age 65 to start OAS increases your monthly amount by 0.6% for each month of delay, up to age 70.
• Split your pension income: Couples can reduce their overall tax liability by splitting income, which may help one or both avoid OAS clawbacks.
• Apply retroactively: If you missed your initial application window, you can still claim retroactive payments for up to 11 months.
• Look into provincial programs: Many provinces offer senior support programs that complement OAS. For instance, Ontario’s GAINS program offers extra help to low-income retirees.

Whether you’re just turning 65 or planning to defer benefits for a higher payout, knowing how OAS works can significantly improve your financial well-being in retirement. With the possibility of receiving over $2,200 in June 2025, it’s worth getting familiar with the process and the options available to you.

FAQs