Rumors have spread online suggesting a one-time $770 Old Age Security (OAS) increase for Canadian seniors in July 2025. But is there any truth to this widely circulated claim?
The answer is no. While OAS payments are adjusted quarterly based on the Consumer Price Index (CPI) to reflect inflation, these changes are incremental, not massive. As of now, there is no confirmed $770 lump sum boost from the Canadian government.
Here’s what seniors really need to know about confirmed OAS rates, payment dates, and additional support options in July 2025.
What Are the Actual OAS Rates for July 2025?
The Government of Canada has published official OAS payment amounts for eligible seniors based on age categories. These payments may be slightly adjusted for inflation this July, but there is no drastic hike in the works.
| Age Group | Monthly OAS Payment (July 2025) |
|---|---|
| 65 to 74 years | $727.67 |
| 75 years and older | $800.44 |
These are the standard base rates. While CPI-linked increases are expected, the $770 one-time increase being circulated online is not based on any official policy or statement.
Understanding the Old Age Security (OAS) Program
The Old Age Security (OAS) pension is one of Canada’s key federal support programs for seniors. It provides monthly payments to individuals aged 65 and over, regardless of work history.
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Unlike the Canada Pension Plan (CPP), which is based on individual contributions, OAS is funded through general tax revenues and is available to all eligible residents who meet certain residency requirements.
Who Qualifies for OAS in 2025?
Eligibility for OAS is fairly straightforward, but the amount you receive may vary based on residency duration and taxable income.
Basic OAS Eligibility Requirements:
- Must be 65 years or older
- Must be a Canadian citizen or legal resident
- Must have lived in Canada for at least 10 years after turning 18
To qualify for the full OAS benefit, you must have 40 years of residency in Canada after age 18. Those with less than 40 years may be eligible for a partial payment, depending on how long they’ve lived in the country.
When Will OAS Be Paid in July 2025?
OAS payments are issued on the third-last business day of each month. For July 2025, that means seniors can expect to receive their OAS deposit or cheque on:
July 29, 2025
Payments are typically made by direct deposit for most seniors, though cheque delivery is still an option for those who haven’t enrolled in online banking with the CRA.
Full OAS Payment Schedule for the Rest of 2025
Staying informed about payment dates is essential for budgeting monthly expenses. Below is the official OAS payment schedule from the Government of Canada for the remainder of the year:
| Month | OAS Payment Date |
|---|---|
| August | August 27, 2025 |
| September | September 25, 2025 |
| October | October 29, 2025 |
| November | November 26, 2025 |
| December | December 22, 2025 |
Additional Benefits Available for Seniors
If you’re receiving Old Age Security, you may also be eligible for other government benefits that can significantly increase your monthly income.
Key Additional Support Programs:
- Guaranteed Income Supplement (GIS) – For low-income seniors receiving OAS
- Allowance – For spouses or common-law partners aged 60 to 64
- Allowance for the Survivor – For widowed seniors aged 60–64 with limited income
- Provincial Programs – Includes rent support, prescription drug coverage, and public transit subsidies
These programs are income-tested and may require a separate application through Service Canada or your provincial social services agency.
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Is the OAS Pension Taxable?
Yes. Old Age Security payments are considered taxable income. Seniors must include OAS on their annual income tax return.
If your net annual income exceeds $90,997 (2025 threshold), you may be subject to a clawback, officially known as the OAS Recovery Tax. This can result in partial repayment of your OAS benefits.
To avoid or minimize clawbacks, some retirees explore strategies such as:
- Splitting pension income with a spouse
- Withdrawing RRSPs before turning 71
- Maximizing non-taxable income options
It’s advisable to speak with a retirement or tax advisor to plan your income in a way that protects your OAS benefits.
Why the $770 OAS Increase Is Just a Rumor
The rumored $770 one-time boost is not supported by any official CRA announcements, budget updates, or legislative plans. Here’s what we know:
- OAS is adjusted quarterly based on inflation (CPI)
- Increases are typically in the range of $1 to $10/month, not hundreds
- No federal legislation has proposed a one-time $770 increase
This rumor likely started as a misinterpretation of ongoing policy discussions or shared online without fact-checking. Seniors are advised to rely on official government websites or statements for accurate benefit information.
What Seniors Should Do Now
To ensure you receive the correct OAS payment and get access to all eligible benefits, follow these steps:
- Confirm your age and residency eligibility
- File your taxes on time, even if you have no income
- Enroll in direct deposit via CRA My Account for faster payments
- Explore GIS, Allowance, and provincial supplements if needed
- Stay informed through official channels, not social media rumors
The OAS pension remains a critical source of financial support for millions of Canadian seniors. While no major increase is coming in July, the program continues to offer reliable monthly payments and opportunities for additional aid.
FAQs
Q1. Is the $770 OAS increase in July 2025 real?
No. There is no confirmed $770 increase. OAS will continue with routine inflation-linked adjustments.
Q2. When will I get my OAS payment in July 2025?
The confirmed payment date is July 29, 2025.
Q3. How do I know if I qualify for OAS?
You must be 65+, a Canadian citizen or legal resident, and have lived in Canada for at least 10 years after age 18.
Q4. Is OAS taxable income?
Yes. OAS is taxable and may be subject to a clawback if your income is above the threshold.
