Canada’s retirees are set to see an increase in their monthly Old Age Security (OAS) payment this July 2025. For many seniors, this could mean a modest boost—but in certain cases, especially combined with additional benefits, monthly income may reach as much as \$1,860.
Here’s a clear breakdown to help you understand exactly who qualifies, what amounts are involved, and how the enhanced payment structure works.
Quarterly OAS Increase Reflects Rising Costs
Starting in July 2025, OAS benefits will rise by 1.0%, reflecting increased living costs as measured by the Consumer Price Index. This amounts to a 2.3% year-over-year increase compared to July 2024.
([Government of Canada][1], [Government of Canada][2])
Who Receives What? The Basic OAS Amounts
For Ages 65–74:
- Maximum monthly benefit: \$734.95 (if annual income under \$148,541)
([Government of Canada][3])
For Ages 75 and Older:
- Maximum monthly benefit: \$808.45 (if income under \$154,196)
([Government of Canada][3])
This isn’t the \$1,860 figure yet—but it’s the baseline upon which further supplements build.
Supplements That Can Push the Total Higher
For eligible low-income seniors, several supplements can be layered on top of OAS, potentially bringing total monthly support up to around \$1,860:
Guaranteed Income Supplement (GIS):
- Single/widowed: up to \$1,097.75/month (if income under \$22,272)
- Couples (one receiving full OAS): up to \$660.78/month (income under \$29,424)
([MTL Blog][4], [Government of Canada][1])
OAS Allowance (Aged 60–64):
- For spouses of GIS recipients; max: \$1,395.73/month (if combined income under \$41,184)
([Government of Canada][1])
Allowance for the Survivor (Aged 60–64):
- For widowed seniors not remarried; max: \$1,663.81/month (if income under \$29,976)
([Government of Canada][1])
Adding these to the OAS base can significantly raise total support.
Who May Receive the \$1,860 Monthly Total?
To reach a combined \$1,860 in monthly payments, a senior must:
- Be 75 or older
- Be receiving full OAS (\$808.45)
- Be receiving the maximum GIS (\$1,097.75), based on low income
([Government of Canada][1])
That theoretical maximum properly layers OAS and GIS but may differ depending on exact income and personal circumstances.
Eligibility at a Glance
| Age Group | OAS Amount | GIS Eligibility | Total (Max) |
|---|---|---|---|
| Age 65–74 | \$734.95 | Up to \$1,097.75 | ~ \$1,832.70 |
| Age 75+ | \$808.45 | Up to \$1,097.75 | ~ \$1,906.20 |
Keep in mind, these assume the lowest income thresholds are met—otherwise, payments scale back.
([Government of Canada][1], [qtrade.ca][5])
How to Maximize Your Benefit
- File taxes annually to establish income eligibility
- Sign up for direct deposit for OAS and GIS via your My Service Canada account
- Apply for GIS automatically if eligible; OAS enrolment may be automatic at age 65
- Check if you’re eligible for provincial top-ups (e.g., Ontario GAINS)
([Wikipedia][6], [Ontario][7], [Wealthsimple][8])
Why This Matters Now
- Cost-of-living adjustment ensures seniors maintain purchasing power over time
- Supplemental benefits like GIS play a vital role in lifting seniors out of poverty
- For some, total monthly support may be close to or exceed \$1,860, providing crucial financial stability
Q1: Is the July 2025 OAS a permanent raise?
A: OAS payments rise quarterly in January, April, July, and October to reflect inflation changes.
([Edward Jones][9], [Government of Canada][1], [Government of Canada][3])
Q2: What is the maximum GIS for singles in 2025?
A: For singles with low income, GIS may reach \$1,097.75/month.
([Government of Canada][1])
Q3: When do GIS and OAS increase?
A: Both are adjusted quarterly—next hike after July is in October.
([qtrade.ca][5])
Q4: Can seniors earn more if they delay OAS?
A: Yes—OAS can increase by up to 36% if deferred until age 70, affecting eligibility for GIS.
([Government of Canada][3], [qtrade.ca][5])
Q5: Are these payments taxable?
A: OAS is taxable; GIS and Allowances are non-taxable supplemental supports.
([Government of Canada][1], [ATB Financial][10])
