The Old Age Security (OAS) Benefit is an essential financial aid for seniors in Canada, specifically those aged 65 and above.
Many seniors eagerly await any potential increase in this payment, but as of April 2025, the OAS amount remains unchanged for the second quarter.
In this article, we explore the payment structure, eligibility criteria, and when recipients can expect their payments.
$727 + $800 OAS Benefit in April 2025
The OAS benefit remains at $727.67 for individuals between 65 and 74 years old, while seniors aged 75 and above will receive $800.44.
While many seniors were hopeful for a boost, the Canada Revenue Agency (CRA) confirmed that there will be no increase due to minimal changes in the Consumer Price Index (CPI).
Therefore, these amounts will continue until June 2025. The next scheduled OAS payment raise will occur in July 2025.
Payment Breakdown for April 2025
Below is a detailed breakdown of the OAS payments for seniors in April 2025:
| Age Group | Monthly Payment | Eligibility Criteria |
|---|---|---|
| 65 – 74 years | $727.67 | Canadian citizens or legal residents, aged 65-74 |
| 75+ years | $800.44 | Canadian citizens or legal residents, aged 75+ |
This payment structure is consistent with the previous quarter, and no changes are anticipated unless there is a major shift in inflation.
CRA Old Age Security Payment Schedule 2025
For seniors eagerly awaiting their OAS payments in April 2025, it’s important to know when to expect the direct deposit. According to the CRA’s payment schedule, the official payment date for April will be April 28, 2025.
| Payment Name | Payment Date |
|---|---|
| Old Age Security (OAS) | April 28, 2025 |
Payments are typically made monthly, and the exact date depends on the CRA’s official schedule.
Who Qualifies for the OAS Payment in April 2025?
To qualify for the OAS benefit, seniors must meet the following criteria:
- Age Requirement: Seniors must be 65 years or older.
- Canadian Residency: Only Canadian citizens or legal residents who have lived in Canada for at least 10 years after the age of 18 are eligible for the Old Age Security benefit.
- Income Thresholds:
- For individuals aged 65 to 74, the annual income must be below $142,609.
- For individuals aged 75 or older, the annual income must be under $148,179.
These income limits ensure that only those who require financial support are eligible to receive the full Old Age Security amount.
Inflation Adjustment and OAS Payments
The OAS payments are adjusted quarterly based on inflation, specifically using the Consumer Price Index (CPI). In cases where there is little or no inflation, the payments may remain the same.
As there was minimal change in CPI, the Old Age Security payment for April 2025 will not see an increase, continuing at the previously established rates.
When Will Seniors Receive Their Payments?
The next scheduled payment of $727.67 (for seniors aged 65-74) and $800.44 (for seniors aged 75+) will be made on April 28, 2025.
Seniors can expect to receive this amount either through direct deposit or cheque, depending on their payment preference.
Summary of OAS Benefit in April 2025
- Payment Amounts: $727.67 for seniors aged 65-74, and $800.44 for those aged 75+.
- Payment Date: April 28, 2025.
- Payment Frequency: Monthly.
- Eligibility Criteria: Seniors aged 65 and above, with specific income limits.
In April 2025, Canadian seniors can expect their usual Old Age Security benefit payments, with no increases this quarter.
The $727.67 and $800.44 amounts will remain in effect until June 2025, with the next adjustment scheduled for July 2025.
Seniors should prepare for their payments on April 28, 2025, and ensure they meet the eligibility criteria for these benefits.
FAQs
What is the OAS benefit in April 2025?
The OAS benefit in April 2025 is $727.67 for seniors aged 65-74 and $800.44 for seniors aged 75 or older.
When will seniors receive their Old Age Security payment in April 2025?
The payment will be issued on April 28, 2025.
Are there any changes to the Old Age Security benefit in April 2025?
No, the OAS benefit will remain unchanged in April 2025 due to minimal inflation adjustments.