Seniors Could Get Extra OAS Money in April 2025 — Check If You Qualify

Seniors Could Get Extra OAS Money in April 2025 – If you’re a senior in Canada, you may be wondering whether you’ll receive extra Old Age Security (OAS) money in April 2025. While OAS amounts typically change quarterly based on inflation, there’s been chatter about increases or adjustments. In this article, we’ll break down what’s actually happening with OAS in April 2025, who qualifies for the maximum payout, what additional supports are available, and practical steps you can take to ensure you’re maximizing your retirement income.

Let’s simplify the situation and help you figure out whether you qualify for extra OAS money this April.

Seniors Could Get Extra OAS Money in April 2025

While there’s no extra OAS money coming in April 2025, seniors receiving Old Age Security can still benefit from other sources like GIS. Understanding your eligibility, benefit amounts, and how to apply can ensure you’re getting the most out of Canada’s senior support programs. Don’t forget to check for retroactive payments and review your income to avoid unexpected clawbacks.

What Is Old Age Security (OAS)?

The Old Age Security (OAS) pension is a monthly payment available to most Canadians aged 65 and older. It’s one of the core components of Canada’s public retirement income system, alongside the Canada Pension Plan (CPP) and Guaranteed Income Supplement (GIS).

Unlike CPP, you don’t need to have worked or made contributions to receive OAS. You qualify based on your age and residency history in Canada.

OAS Eligibility Criteria:

• You must be 65 or older.
• Be a Canadian citizen or legal resident.
• Have lived in Canada for at least 10 years after turning 18.

Want to get the full OAS pension? You’ll need to have lived in Canada for 40 years after age 18. Otherwise, you might receive a partial pension based on how long you’ve stayed in the country.

Will There Be an OAS Increase in April 2025?

As of now, there is no extra OAS money scheduled for April 2025. OAS amounts are reviewed and potentially adjusted every quarter (January, April, July, October) to reflect inflation using the Consumer Price Index (CPI).

According to official data from Canada.ca, the April to June 2025 OAS rates will remain unchanged from the previous quarter. This means:

• Seniors aged 65 to 74 will continue to receive up to $727.67 per month.
• Seniors aged 75 and older will continue to receive up to $800.44 per month.

These rates were adjusted most recently in January 2025, but the April CPI review showed no significant change in the cost of living to warrant another increase.

When Will You Get Paid in April 2025?

The OAS payment date for April is scheduled for April 28, 2025. If you’re already receiving OAS, the money will be deposited directly into your bank account or mailed out as a cheque around this date.

If you haven’t yet applied for OAS, you should do so at least 6 months before your 65th birthday.

Can You Still Get Extra Help? Yes – Through GIS

Even though there’s no OAS increase this April, some seniors could still get more money through the Guaranteed Income Supplement (GIS).

What is GIS?

GIS is an additional monthly benefit for low-income seniors who receive OAS. It doesn’t require any additional contributions, and the amount depends on your income and marital status.

GIS Payment Amounts (April 2025):

• Single seniors: Up to $1,065.47 per month.
• Spouse/common-law partner also receiving full OAS: Up to $641.35 per month.

GIS is income-tested, so the lower your income, the more you can receive.

Example:

Let’s say Maria is 76 years old, receives full OAS of $800.44, and has no other income. She could also get the maximum GIS of $1,065.47, bringing her total monthly benefit to $1,865.91.

To apply, visit the official GIS page.

Can You Get Retroactive OAS Payments?

Yes. If you were eligible for OAS but didn’t apply on time, you may still be able to receive retroactive payments for up to 11 months. This is especially helpful if you missed your initial application or experienced delays.

To request retroactive payments, include a written request with your application, and explain why you did not apply earlier.

Important: Tax and Clawback Considerations

OAS is taxable income, which means you’ll need to include it when filing your tax return.

If your annual net income is above a certain threshold, you may be subject to the OAS clawback, also known as the OAS Recovery Tax. For 2025, the threshold is $90,997.

Example:

If you earn $95,000, you would need to repay part of your OAS at a rate of 15 cents for every dollar over $90,997.

To reduce clawback:

• Consider income-splitting with your spouse.
• Delay RRSP withdrawals.
• Spread out capital gains over multiple years.

What About CPP Increases?

If you also receive the Canada Pension Plan (CPP), note that CPP amounts are adjusted once a year in January, based on the average CPI over 12 months.

For 2025, the maximum monthly CPP retirement pension is approximately $1,364.60, depending on your contributions.

This amount is independent of OAS, and receiving one does not reduce the other.

How to Maximize Your OAS Benefits?

If you’re not currently getting the full OAS or feel like you could receive more, here are a few tips:

1. Delay Your OAS

You can choose to delay your OAS up to age 70. For every month you delay after 65, your payment increases by 0.6%, which can mean a 36% boost if you wait until age 70.

2. Update Your Income Info for GIS

Your GIS eligibility depends on your previous year’s income. If your income has dropped (e.g., due to retirement), report it to Service Canada using a Statement of Estimated Income to ensure you get the right amount.

3. Register for My Service Canada Account

Through My Service Canada Account, you can:

• Check your benefit status
• Update direct deposit
• View upcoming payments

4. Get Personalized Advice

If your situation is complex, consider speaking with a financial planner or contacting Service Canada directly to get personalized guidance.

Common Mistakes to Avoid

• Not applying in time: Apply for OAS 6 months before you turn 65 to avoid payment delays.
• Not checking GIS eligibility: Many low-income seniors miss out on GIS even though they qualify.
• Ignoring OAS deferral options: If you’re still working at 65, deferring OAS can give you more later.
• Overlooking clawback rules: High-income seniors can lose part or all of their OAS due to the recovery tax.

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FAQs

Will I get extra OAS money in April 2025?

No. According to the Canadian government, there is no OAS increase scheduled for April 2025. The last CPI-based adjustment was made in January 2025.

How much is the OAS payment in April 2025?

• Age 65-74: Up to $727.67/month
• Age 75 and over: Up to $800.44/month

When is the April 2025 OAS payment date?

The payment will be issued on April 28, 2025.

Can I receive both CPP and OAS?

Yes. You can receive both. They are separate programs.

Who qualifies for GIS?

Seniors who receive OAS and have a low annual income. GIS amounts depend on your income level and marital status.

Is OAS taxable?

Yes. OAS is considered taxable income and may be subject to a clawback if your income exceeds $90,997.

Can I get retroactive OAS if I applied late?

Yes. You may qualify for up to 11 months of retroactive payments if eligible.