Old Age Security (OAS) is a cornerstone of retirement income support for Canadian seniors, ensuring financial stability for those aged 65 and over. As we approach June 2025, understanding the latest payment schedules, eligibility criteria, and how to maximize your benefits is more important than ever. This article provides a detailed overview of Canada OAS June 2025, including payment dates, amounts, eligibility, application steps, and tax implications.
What is Old Age Security (OAS)?
Definition and Purpose
Old Age Security is a non-contributory pension program funded by the Government of Canada. It is designed to provide a basic income to seniors, helping them cover essential living expenses in retirement. Unlike other pension plans, OAS does not require direct contributions; instead, it is financed through general tax revenues.
Key Features
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Non-contributory: No mandatory payroll deductions required.
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Universal: Available to most Canadian seniors who meet residency requirements.
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Indexed to inflation: Payments are adjusted quarterly to reflect changes in the cost of living.
OAS Payment Amounts for June 2025
Monthly Maximums
For the second quarter of 2025 (April to June), the maximum monthly OAS amounts are:
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Aged 65 to 74: $727.67 per month
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Aged 75 and over: $800.44 per month
These amounts are subject to change every three months based on inflation. Importantly, the payment amount will not decrease even if inflation drops, providing a measure of security for recipients1.
When Will the June 2025 OAS Payment Arrive?
Payment Schedule
The June 2025 Old Age Security payment is scheduled for Wednesday, June 26, 2025. If you are enrolled in direct deposit, the funds will typically appear in your bank account on the official payment date. For those receiving paper cheques, allow a few extra business days for mail delivery1.
Upcoming OAS Payment Dates for 2025
| Month | Payment Date |
|---|---|
| June | 26 |
| July | 29 |
| August | 27 |
| September | 25 |
| October | 29 |
| November | 26 |
| December | 22 |
Who Qualifies for Old Age Security?
Eligibility Criteria
To be eligible for OAS, you must meet the following requirements:
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Age: 65 years or older
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Residency: Canadian citizen or legal resident at the time of application
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Residency History: Lived in Canada for at least 10 years after turning 18
International Eligibility
Even if you live outside Canada, you may still qualify for OAS if you:
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Were a Canadian citizen or legal resident before leaving the country
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Lived in Canada for at least 20 years as an adult
How to Apply for Old Age Security
Automatic Enrollment
Many Canadians are automatically enrolled in OAS and will receive a letter from Service Canada around their 64th birthday. This letter outlines your options and allows you to select your preferred start date for payments (anytime between ages 65 and 70).
Manual Application
If you do not receive a letter by the time you turn 64 and a month has passed, you should contact Service Canada to check your enrollment status. You can apply for OAS through the following methods:
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Online: Use your My Service Canada Account
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By Mail or In Person: Complete the application form and submit it with the required documents
Taxation of Old Age Security Payments
Taxable Income
OAS payments are considered taxable income by the Canada Revenue Agency (CRA). The government does not automatically deduct taxes from your monthly OAS payment unless you request it.
Voluntary Tax Deductions
To avoid a large tax bill at year-end, you can request voluntary tax deductions by:
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Online: Through your My Service Canada Account
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By Form: Submit the Request for Voluntary Federal Income Tax Deductions (CPP/OAS) form
Additional Tips for OAS Recipients
Maximizing Your Benefits
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Check Your Eligibility: Use the Service Canada online estimator to determine your expected OAS amount.
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Stay Informed: Regularly review your payment schedule and any updates from Service Canada.
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Update Your Information: Ensure your contact and banking details are current to avoid payment delays.
Old Age Security (June 2025)
| Schema Type | Details |
|---|---|
| Organization | Government of Canada |
| Program Name | Old Age Security (OAS) |
| Eligibility | 65+ years, Canadian citizen/resident, 10+ years residency |
| Max Payment (65-74) | $727.67/month (April–June 2025) |
| Max Payment (75+) | $800.44/month (April–June 2025) |
| Payment Date | June 26, 2025 |
| Taxable | Yes |
| Application Method | Online (My Service Canada), Mail, In Person |
Frequently Asked Questions (FAQs)
Q: How do I know if I am automatically enrolled in OAS?
A: Most Canadians receive a letter from Service Canada before their 65th birthday. If you do not, contact Service Canada to check your status.
Q: Can I receive OAS if I live outside Canada?
A: Yes, if you were a Canadian citizen or legal resident before leaving and lived in Canada for at least 20 years as an adult.
Q: Are OAS payments taxed?
A: Yes, OAS payments are considered taxable income by the CRA.
Also Read:- Social Security June 2025: When Will Retirees Get the $2,005 Payment?