In 2025, the Canada Revenue Agency (CRA) continues to provide financial support to low-income seniors through the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) programs.
Combined, these benefits can offer up to $2,460 annually in additional support, helping seniors manage daily expenses amidst rising living costs.
Eligibility Criteria
To qualify for the maximum pension supplement:
- Age Requirement: Must be 65 years or older.
- Residency: Must be a Canadian citizen or legal resident who has lived in Canada for at least 10 years after turning 18.
- Income Thresholds:
- Single seniors: Annual income must be below $22,056.
- Married/common-law couples: Combined annual income must be below $29,136.
Note: Income thresholds vary based on specific circumstances. It’s essential to consult the CRA or Service Canada for detailed information.
Payment Breakdown
The amount received depends on individual circumstances:
| Status | Maximum Monthly OAS | Maximum Monthly GIS | Total Monthly Payment |
|---|---|---|---|
| Single (65-74 years) | $727.67 | $1,086.88 | $1,814.55 |
| Single (75+ years) | $800.44 | $1,086.88 | $1,887.32 |
| Married (each receiving OAS) | $727.67 | $654.23 | $1,381.90 |
These amounts are subject to change based on annual adjustments and individual income levels.
How to Apply
- Old Age Security (OAS):
- Most individuals are automatically enrolled at age 65.
- If not automatically enrolled, apply online through your My Service Canada Account or by completing the Application for the Old Age Security Pension form.
- Guaranteed Income Supplement (GIS):
- Eligibility is assessed when you apply for OAS.
- Ensure your income information is up to date by filing your annual tax return.
Additional Benefits
- Allowance: For individuals aged 60 to 64 whose spouse or common-law partner receives OAS and GIS.
- Allowance for the Survivor: For individuals aged 60 to 64 whose spouse or common-law partner has passed away.Canada.ca
These benefits have specific eligibility criteria and income thresholds. It’s advisable to consult the CRA or Service Canada for detailed information.
The combined benefits of OAS and GIS provide essential financial support to Canada’s low-income seniors.
By understanding the eligibility criteria and ensuring timely applications, eligible individuals can maximize their benefits and achieve greater financial stability in retirement.
FAQs
How do I know if I’m automatically enrolled for OAS?
The CRA sends a notification letter if you’re automatically enrolled. If you don’t receive one, you should apply manually.
Can I receive GIS without OAS?
No, GIS is only available to those who are eligible and receiving OAS.
What if my income changes during the year?
Report any significant income changes to the CRA, as it may affect your GIS eligibility and payment amounts.