The Old Age Security (OAS) program is a financial lifeline for millions of Canadian seniors. With the next OAS payment arriving in June 2025, many are wondering how much they’ll receive, when it will arrive, and whether they qualify for the maximum amount—up to $1,546 per month for some individuals. In this guide, we break it all down in simple terms.
From eligibility rules to payment dates and income thresholds, here’s everything you need to know to make sure you’re getting the most from your OAS benefits this year.
Overview
OAS is a monthly payment for seniors aged 65 and over. It’s designed to provide basic financial support in retirement, regardless of work history. The amount you receive depends on your age, how long you’ve lived in Canada, and your income level. As of June 27, 2025, some seniors could receive up to $1,546, especially if they qualify for OAS plus the Guaranteed Income Supplement (GIS).
Canada’s $1546 OAS Payment in June 2025
| Topic | Details |
|---|---|
| Payment Date | June 27, 2025 |
| Max Monthly OAS (65–74) | $727.67 |
| Max Monthly OAS (75+) | $800.44 |
| Total with GIS (est.) | Up to $1,546 for low-income seniors aged 75+ |
| Eligibility Age | 65+ as of June 2025 |
| Residency Requirement | Minimum 10 years in Canada after age 18 |
| Income Limits (2023) | $142,609 (65–74), $148,179 (75+) for full OAS |
| Official Source | Canada.ca |
What is the OAS Program?
Old Age Security is a federal government program providing monthly income to Canadians 65 and older. It’s funded by general tax revenue—not your work contributions. That means even if you never worked or paid into CPP, you may still qualify for OAS.
While everyone over 65 is eligible for some form of OAS, the amount you get depends on:
- Your age
- How long you’ve lived in Canada
- Your annual income
OAS payments are reviewed and adjusted quarterly for inflation, keeping up with the rising cost of living.
Who Qualifies?
To get your OAS in June 2025, you need to meet these conditions:
1. Age Requirement
You must be at least 65 years old by June 2025. If you’re 75 or older, you’re eligible for a slightly higher monthly amount.
2. Residency in Canada
You must be:
- A Canadian citizen or legal resident
- Have lived in Canada for at least 10 years after age 18
If you’ve lived in Canada for 40 years or more, you may qualify for the full OAS amount. If you’ve lived here less than that, your payment will be prorated.
3. Income Thresholds
While OAS is available to most seniors, higher-income earners may face clawbacks. This is officially called the OAS Recovery Tax.
2023 Thresholds (for 2025 payments):
| Age Group | Income Limit for Full OAS |
|---|---|
| 65–74 | $142,609 |
| 75+ | $148,179 |
If you earn more than these amounts, your monthly OAS will be reduced or possibly eliminated.
How Much Will You Receive in June?
The maximum OAS monthly amounts (as of current indexing) are:
| Age Group | Max Monthly OAS |
|---|---|
| 65 to 74 | $727.67 |
| 75 and older | $800.44 |
Now, if you’re a low-income senior, you may also qualify for the Guaranteed Income Supplement (GIS), which could push your total benefit up to $1,546 per month.
Keep in mind, these amounts may adjust slightly based on the quarterly inflation index.
Payment Date for June 2025
The OAS payment for June 2025 will be deposited into bank accounts on:
June 27, 2025
If you haven’t signed up for direct deposit, a paper cheque will be mailed, which may take a few more days to arrive.
Why OAS Increases Over Time
OAS is tied to inflation. As living costs go up, so do OAS payments—typically adjusted every January, April, July, and October. This helps ensure seniors can keep pace with rising expenses like groceries, rent, and healthcare.
Comparison with Other Benefits
In addition to OAS, you may also receive:
- Canada Pension Plan (CPP): Based on your contributions during your working years.
- Guaranteed Income Supplement (GIS): For low-income OAS recipients.
- Allowance/Allowance for Survivor: For low-income spouses or survivors aged 60–64.
These benefits stack, meaning you can receive more than one depending on your situation.
Taxes and Clawbacks
OAS is taxable income. You must include it in your yearly tax return. If your annual income exceeds the threshold, you’ll repay part of your OAS through your taxes.
To reduce clawbacks:
- Shift savings into TFSAs (withdrawals aren’t taxable)
- Use income-splitting with your spouse
- Delay CPP/OAS if you don’t need the income immediately
What If You Forgot to Apply?
If you haven’t applied yet and you’re already 65+, don’t worry—you can apply retroactively for up to 11 months. However, it’s better to apply 12 months before turning 65 to avoid delays.
Apply online through My Service Canada Account, or request a paper form from the Service Canada Centre.
John’s Experience
John, a senior in British Columbia, turned 75 in March 2025. He applied for OAS in time and began receiving $800.44 per month. But because he also earned $150,000 a year from rental income, part of his OAS was clawed back. He later worked with a tax advisor to reduce his taxable income by moving funds into a TFSA, helping restore some of his lost OAS.
FAQs
When will the June 2025 OAS payment arrive?
It will be deposited on June 27, 2025.
How much can I get from OAS monthly?
Up to $800.44 for those aged 75+, or $727.67 if 65–74.
Is OAS based on income?
Yes. High-income seniors may face clawbacks above $142,609.
Can I get OAS if I live outside Canada?
Yes, if you meet residency rules. Withholding tax may apply.
Is OAS taxable income?
Yes, you must report it on your annual tax return.
