OAS payment dates 2025 : How much will OAS be in 2025 in Canada?
In 2025, OAS payments will continue to be made monthly, on the dates listed above. If you are a Canadian senior, be sure to mark these dates on your calendar and stay informed about any changes to your payment schedule. Setting up direct deposit and checking your payment status regularly will ensure that you never miss a payment and can plan your finances with confidence. Stay tuned for more updates and tips on managing your finances in retirement.
The Old Age Security (OAS) program provides financial support to Canadian seniors aged 65 and over. If you’re a Canadian senior, it’s important to keep track of your OAS payment dates to ensure you receive your payments on time and manage your finances effectively. In this blog post, we will provide a helpful overview of the 2025 OAS payment dates, so you can plan ahead and avoid any confusion.
What is OAS?
OAS is a government program that provides a monthly income to Canadian seniors who meet the eligibility criteria. The amount you receive depends on factors such as the length of time you’ve lived in Canada after the age of 18. You don’t need to contribute to OAS during your working years, unlike other programs like the Canada Pension Plan (CPP).
How Often Are OAS Payments Made?
OAS payments are typically made every month and are distributed in the form of a direct deposit to your bank account or by cheque. Payments are generally issued on the third or fourth Wednesday of each month.
OAS Payment Dates for 2025
Below are the OAS payment dates for the year 2025:
- January 29, 2025
- February 26, 2025
- March 26, 2025
- April 30, 2025
- May 28, 2025
- June 25, 2025
- July 30, 2025
- August 27, 2025
- September 24, 2025
- October 29, 2025
- November 26, 2025
- December 24, 2025
These dates reflect when OAS payments will be deposited into eligible seniors’ bank accounts or mailed to those who do not have direct deposit.
Special Considerations for OAS Payments
- Direct Deposit: If you haven’t set up direct deposit, you can do so by contacting Service Canada. It’s a fast and secure way to ensure that your OAS payments arrive on time every month.
- Cheque Payments: If you do not receive payments through direct deposit, your OAS cheque will be mailed to you. This method may take longer, so it’s always a good idea to set up direct deposit if you haven’t already.
- Changes in OAS Payment Amounts: The OAS payment amount may increase annually, usually in January, based on the cost of living (Consumer Price Index). If your payment amount changes, you will be notified by Service Canada.
How to Check Your OAS Payment Status
If you’re unsure about the status of your OAS payments, you can log into your My Service Canada Account or contact Service Canada directly. It’s also a good idea to regularly check your bank account to make sure that your payment has been received.
Why It’s Important to Keep Track of Your OAS Payments
For seniors, OAS payments can make up a significant portion of their income. Understanding your payment schedule and knowing when to expect your funds is essential for budgeting and managing your finances. Moreover, if you miss an OAS payment or experience any issues, it’s important to contact Service Canada right away to resolve the situation quickly.