Canada OAS Pension Hike October 2025, How Much More Will Seniors Receive This Fall

Canada provide various retirement benefits to⁠ ensure seniors can live comfortably after leaving the workforce. One of the key benefits for seniors is the Old Age Security and this monthly pension can help Canadians aged 65 and above.

OAS Pension Hike Announced for October 2025

The Canada OAS Pension Hike October 2025 has drawn wide attention among seniors after Services Canada confirmed a 0.7% increase in monthly payments for the upcoming quarter. This adjustment is part of Canada’s inflation-indexation system, which ensures pension amounts rise in line with the cost of living.

For seniors depending on government pensions to cover daily expenses, even a small increase provides much-needed relief.

यह भी पढ़े:
Winter 2025 Carbon Tax Rebate Confirmed – Payment Dates, Amounts and Eligibility Rules Revealed

Who Will Benefit From the Increase?

The 0.7% hike applies to all eligible retirees currently receiving OAS. This means seniors aged 65 and above will automatically see an adjustment in their October 2025 payments.

Currently, monthly OAS payments stand at:

  • $734.95 for seniors aged 65–74
  • $808.45 for seniors aged 75 and above

With the new increase, payments are expected to rise to:

यह भी पढ़े:
$1764 Canada Pension Plan Payments 2025 – Check Eligibility & Payment Dates
  • $740.09 for ages 65–74
  • $814.10 for ages 75+

While these are estimated figures, the final confirmation will come directly from Services Canada.

CRA OAS Pension October 2025 Overview

AuthorityCanada Revenue Agency (CRA)
Post TitleCanada OAS Pension Hike October 2025
Year2025
CountryCanada
Who Qualifies?Canadians aged 65+ with low income
PurposeTo provide financial support for seniors
Payment FrequencyMonthly
Taxability StatusTaxable
Payment Date29th October 2025 (Wednesday)
Inflation IndexationQuarterly
Current Status0.7% raise confirmed
CategoryCanada Finance
Official Websitecanada.ca

Eligibility for OAS Pension Payments

To qualify for OAS pension benefits, seniors must meet certain requirements:

  • Age: Must be 65 years or older.
  • Residency: Must have lived in Canada for at least 10 years after the age of 18.
  • Income Limits:
  • Ages 65–74: Annual net income below $148,451
  • Ages 75+: Annual net income below $154,196

These income thresholds may also be adjusted in October 2025 based on inflation.

यह भी पढ़े:
New $445 Monthly Family Benefit in Canada – Check Who Qualifies, Payment Dates & Latest Updates

Applicants can apply via My Service Canada Account (MSCA) or through paper applications.

Estimated New Pension Amounts for Seniors

Currently, OAS pension payouts are set at $734.95 and $808.45 depending on the recipient’s age. After applying the 0.7% inflation increase, the amounts are expected to be:

  • For ages 65–74: $740.09 per month
  • For ages 75+: $814.10 per month

These new rates will apply from October 2025 through December 2025, with official confirmation expected closer to the payment date.

यह भी पढ़े:
Massive CPP Survivor Benefit Hike Announced for 2025 – What It Means for Canadian Families

OAS Deposit Date for October 2025

According to the CRA, the OAS pension for October 2025 will be deposited on Wednesday, 29th October 2025.

Payments will be updated automatically, meaning seniors do not need to reapply. The increase will be reflected directly in their bank accounts or mailed cheques, depending on the method of payment selected.

Recipients are advised to always check their MSCA account for real-time updates on payment schedules and deposit amounts.

यह भी पढ़े:
Canada’s $680 One-Time CRA Payment Confirmed – Eligibility, Dates and Full Details

Why This Matters for Canadian Seniors

For many seniors, the OAS is a critical source of monthly income. Although the 0.7% increase may appear modest, it helps offset inflation pressures, especially on housing, food, and medical expenses.

This pension adjustment ensures seniors continue to receive support that grows in line with living costs, maintaining purchasing power in uncertain economic times.

FAQs on Canada OAS Pension Hike October 2025

Q1. What is the OAS pension increase for October 2025?
The OAS pension will rise by 0.7%, effective October 2025.

यह भी पढ़े:
CRA Confirms $3,000 GST/HST Rebate in 2025 – Who Qualifies and When Payments Arrive

Q2. How much will seniors receive after the increase?

  • Ages 65–74: About $740.09 per month
  • Ages 75+: About $814.10 per month

Q3. Do seniors need to reapply to receive the new amount?
No. The increase is applied automatically. Seniors will receive the updated amount without needing to reapply.

Q4. When will the new OAS payment be deposited?
The October 2025 OAS payment will be deposited on Wednesday, 29th October 2025.

यह भी पढ़े:
Canada’s $250 One-Time Relief Boost – Who Qualifies and When to Expect It

Q5. How is the OAS pension amount decided?
OAS payments are indexed to inflation and reviewed quarterly, meaning they adjust according to rising living costs.

Leave a Comment