Does CRA Announced OAS Payment Dates for June 2025? Check Important Details About Your Old Age Security Benefits!
Does CRA Announced OAS Payment Dates for June 2025 – The Canada Revenue Agency (CRA) has officially released the Old Age Security (OAS) payment schedule for June 2025. If you’re a Canadian senior or approaching retirement, go ahead and circle this date: Thursday, June 26, 2025. That’s when the next OAS payment hits your account or mailbox.
If you’re not tracking this stuff closely, let’s break it down for you like we’re chatting over coffee—because OAS isn’t just a government deposit. It’s a lifeline for millions of Canadian retirees.
Does CRA Announced OAS Payment Dates for June 2025
| Key Info | Details |
|---|---|
| OAS June Payment Date | June 26, 2025 |
| Monthly OAS Payment (Age 65–74) | Up to $727.67 |
| Monthly OAS Payment (Age 75+) | Up to $800.44 |
| Next CPI Adjustment | July 2025 |
| GIS Top-up (Single) | Up to $1,086.88 |
| Allowance (Spouse 60–64) | Up to $1,381.90 |
| Allowance for Survivor (60–64) | Up to $1,647.34 |
| CRA OAS Portal | Apply for OAS Here |
The CRA has locked in the June 2025 OAS payment date for June 26. That’s a Thursday, so mark your calendar, and make sure your banking and personal info are up to date to avoid delays. With monthly amounts up to $800.44 (or even more if you qualify for GIS), Old Age Security remains a vital safety net for Canadian seniors.
Don’t miss out—know your eligibility, consider delaying for a better return, and explore additional programs that can boost your retirement income.
Old Age Security (OAS) Explained
So what’s OAS, really? It’s a monthly benefit from the Government of Canada for folks aged 65 or older. You don’t need to work or pay into it like CPP. You just need to have lived in Canada for at least 10 years after turning 18.
Think of it as your reward for contributing to the country by simply being here.
When Is the June 2025 OAS Payment?
June 26, 2025. That’s the day CRA will roll out the payment. If you’re on direct deposit, the funds should land that same day. If you’re getting a mailed cheque, it might arrive a few days later, depending on postal delays.
What to Do If You Don’t Receive It?
If five business days have passed and there’s still no sign of your money, call Service Canada at 1-800-277-9914. Delays are usually easy to fix.
How Much Will You Get in June 2025?
OAS payments are reviewed quarterly based on the Consumer Price Index (CPI) to ensure your income keeps up with inflation.
Current Rates:
- Ages 65 to 74: Up to $727.67/month
- Ages 75+: Up to $800.44/month
These are maximum amounts. Your actual payout depends on your income. If you’re a high earner, you might see a partial reduction (clawback).
OAS vs. CPP: Quick Comparison
| Feature | OAS | CPP |
|---|---|---|
| Based on Work History? | No | Yes |
| Automatic Enrollment? | Sometimes | Sometimes |
| Taxable? | Yes | Yes |
| Clawback Applies? | Yes (over $90,997) | No |
| Can You Defer for More? | Yes, up to age 70 | Yes, up to age 70 |
Add-On Benefits You May Qualify For
This is where most folks leave free money behind. If your income is low, check out these extra benefits:
Guaranteed Income Supplement (GIS)
For low-income OAS recipients. Adds up to $1,086.88/month if you’re single. Couples may each get around $654.34/month.
Allowance for Spouse
If your spouse (aged 60–64) lives with you and you receive GIS. Up to $1,381.90/month.
Allowance for the Survivor
Aged 60–64 and your spouse passed away? You may receive up to $1,647.34/month.
To apply, visit the Allowance & GIS Page.
Maximize Your OAS: Expert Tips
Want to get the most bang for your buck? Here are pro strategies:
- Delay OAS to Age 70: You’ll get 0.6% more per month delayed, or up to 36% more total.
- Manage Your Income: If you’re close to the $90,997 clawback threshold, consider RRSP withdrawals or pension splitting to stay under it.
- Apply Early: Do it 6 months before you turn 65.
- File Taxes On Time: GIS eligibility depends on your latest tax return—even if you have no income.
How Many Canadians Receive OAS?
As of late 2024, over 7.1 million Canadians receive OAS. With the population aging fast, that number is expected to hit 8 million by 2027.
How OAS Fits Into Retirement Planning?
OAS isn’t meant to be your only income in retirement. It’s designed to supplement your other sources—like CPP, pensions, RRSP withdrawals, and personal savings.
If you’re 55+, it’s a good idea to sit down with a financial planner and map out:
- When to start OAS
- Whether to delay it
- What GIS or Allowance benefits you might qualify for
A Real-Life Example: How Rose Manages on OAS + GIS
Rose, 76, lives in Kelowna, BC. She retired at 65 with no private pension. She receives $800.44 in OAS, and because her income is minimal, she also qualifies for the full GIS of $1,086.88. That’s nearly $1,900/month, which covers her rent in subsidized housing, groceries, and transportation.
Rose’s story is proof that with proper knowledge and planning, OAS and GIS can be enough to live on—modestly but securely.
What’s Next? The July 2025 CPI Adjustment?
Come July, CRA will review CPI changes. If inflation creeps up, expect a slight bump in your OAS check. It’s not huge—usually a few dollars—but it keeps your purchasing power steady.
Stay tuned to Canada.ca for updates.
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FAQs On Does CRA Announced OAS Payment Dates for June 2025
When will my OAS payment arrive in June 2025?
Your payment should hit your account or mailbox on Thursday, June 26, 2025.
Can I receive OAS and CPP at the same time?
Yes. Many Canadians receive both. CPP is based on your earnings; OAS isn’t.
Is OAS income taxable?
Yes, OAS counts as taxable income and could be clawed back if your net income exceeds $90,997 in 2025.
Can I apply online for OAS?
Absolutely. Head over to the CRA OAS Application Page.
