$1200 Additional OAS Deposit for Seniors: As of April 2025, many Canadian seniors are wondering whether they will receive a $1,200 additional Old Age Security (OAS) deposit. While rumours have circulated online, there is currently no official confirmation from the Government of Canada regarding such a one-time payment. In this article, we clarify the facts, break down eligibility for current OAS and related programs, and provide a detailed guide on how you can check your benefits, including supplemental programs like GIS, Allowance, and more.
$1200 Additional OAS Deposit for Seniors
There is currently no $1,200 additional OAS payment planned for seniors in April 2025. However, Canadian seniors continue to benefit from stable monthly OAS payments that are adjusted for inflation. For those with low income, supplemental programs like GIS, the Allowance, and Allowance for the Survivor provide additional monthly support. It’s essential to stay informed through official government sources, regularly review your benefit entitlements, and update your information to avoid missed payments. Whether you’re newly turning 65 or well into retirement, understanding your eligibility and benefits is key to financial security.
| Topic | Details |
|---|---|
| $1,200 OAS Bonus | No official announcement for April 2025. |
| Regular OAS Payments (Apr–Jun 2025) | Ages 65–74: Up to $727.67/month; Ages 75+: Up to $800.44/month. |
| Guaranteed Income Supplement (GIS) | Up to $1,086.88/month for eligible low-income seniors. |
| Eligibility Requirements | Age 65+, Canadian citizen/legal resident, 10+ years in Canada after age 18. |
| Additional Support Programs | GIS, Allowance (60–64), Survivor Allowance. |
| How to Apply / Check Status | Via My Service Canada Account, by phone or in-person. |
| Official OAS Portal | canada.ca – Old Age Security |
What Is Old Age Security (OAS)?
Old Age Security (OAS) is one of the cornerstones of Canada’s retirement income system. It provides a monthly payment to seniors 65 years and older, regardless of employment history. Unlike the Canada Pension Plan (CPP), OAS is based primarily on your age and how long you’ve lived in Canada.
Who’s Eligible for OAS?
To receive OAS, you must:
- Be 65 years or older
- Be a Canadian citizen or legal resident
- Have lived in Canada for at least 10 years after the age of 18 (20 years if applying from outside Canada)
You don’t need to have worked or paid into CPP to receive OAS, which makes it accessible to a wide range of seniors.
Is There a $1,200 One-Time OAS Payment in 2025?
No, there is currently no official plan or government announcement about a $1,200 one-time OAS bonus in April 2025. While a similar lump sum ($500) was provided to certain seniors in August 2021, no such benefit has been declared this year.
Current OAS Payment Amounts (April–June 2025)
The Government of Canada adjusts OAS payments quarterly based on changes to the Consumer Price Index (CPI).
As of April 2025:
- Ages 65 to 74: Up to $727.67/month
- Ages 75 and over: Up to $800.44/month
Note: Benefits may be reduced for seniors with higher annual incomes. For 2025, the income recovery threshold begins at $90,997.
What Is the Guaranteed Income Supplement (GIS)?
The Guaranteed Income Supplement (GIS) is an additional non-taxable monthly benefit for low-income seniors who are already receiving OAS.
GIS Amounts (April–June 2025):
- Single individuals: Up to $1,086.88/month
- Couples (both receiving OAS): Up to $654.23/month each
To qualify, your annual income must be below a specific threshold. For example, singles must have annual incomes below $22,056.
Other Government Benefits for Seniors
In addition to OAS and GIS, the federal government provides:
1. Allowance (for low-income individuals aged 60 to 64)
If your spouse/common-law partner receives OAS and GIS, you could get up to $1,381.90/month.
2. Allowance for the Survivor
If your spouse has passed away, and you are aged 60 to 64 with a low income, you may qualify for up to $1,647.34/month.
How to Apply or Check Your $1200 Additional OAS Deposit for Seniors Status?
Option 1: Online
Sign in to My Service Canada Account to:
- Apply for OAS, GIS, Allowance
- Check payment status and statements
- Update personal information
Option 2: By Phone
Call 1-800-277-9914 (TTY: 1-800-255-4786) to speak to a Service Canada representative.
Option 3: In Person
Visit any Service Canada Centre near you with a valid government ID.
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Frequently Asked Questions (FAQs)
Q1: Will I receive a $1,200 bonus OAS payment in 2025?
A1: No, as of now, there is no such program or payment scheduled for April 2025.
Q2: What is the difference between OAS and CPP?
A2: CPP is based on your earnings and contributions during your working years, while OAS is based on age and residency.
Q3: Is OAS taxable?
A3: Yes, OAS benefits are taxable and must be reported on your tax return.
Q4: Can I get OAS if I live outside Canada?
A4: Yes, if you’ve lived in Canada for at least 20 years after turning 18.
Q5: How often is OAS adjusted?
A5: Every three months – in January, April, July, and October – based on the Consumer Price Index.
