Starting in 2025 eligible Canadian seniors will receive $2,350 direct deposits made up of Old Age Security and Guaranteed Income Supplement payments. But not everyone will qualify. read the article for step-by-step information about who can get the payments and their details plus application instructions. Senior beneficiaries depend on these programs to build their retirement nest and must learn about them to enjoy better benefits. This article presents all the necessary information about the expected direct deposit payment in 2025.
The OAS and GIS programs give senior Canadians vital financial support especially when they have small incomes. Learning about the OAS and GIS systems helps you receive your eligible payments in 2025 even though this particular deposit does not apply to everyone. Prepare yourself ahead of time and update your information while filing taxes before the deadline to receive the benefit.
| Program | Eligibility | Maximum Monthly Payment (2025) | Income Threshold |
|---|---|---|---|
| OAS | Age 65+, Canadian resident for 10+ years | $727.67 (65–74), $800.44 (75+) | Income below $142,609 (75+) |
| GIS | OAS recipients with low income | Up to $1,086.88 | Below $22,056 (single) |
| Combined Total | OAS + GIS | Up to $2,350.32 | Based on income + marital status |
What Do Old Age Security Payment and Benefits Involves
The Old Age Security program gives monthly payments at age 65 to all Canadians who meet the requirements. OAS stands as a primary retirement income program for Canadian seniors. OAS differs from CPP because it uses nationwide tax income instead of employment records. All seniors who turn 65 qualify for these security benefits regardless of their work record.
OAS Eligibility
Citizens qualify for OAS payments in 2025 under these conditions.
- Be 65 years of age or older
- You need to hold Canadian citizenship status or prove domestic permanent residency.
- Have resided in Canada for 10 years of 18 years of age and older (to get partial benefits).
- I have resided in Canada to access this platform for my pension needs during the last 40 years starting at age 18.
Living outside Canada does not affect your OAS eligibility provided you plan and live in Canada as required or hold a social security agreement with other countries.
OAS Payment Amounts in 2025
The payment amount of OAS gets updated to match the current rate of inflation each quarter. The average OAS payments will reach $727.67 for recipients within the age group of 65 to 74 and $800.44 for seniors who are age 75 or older during the time period of January to March 2025.
- Ages 65 to 74: $727.67
- Ages 75 and older: $800.44
Your OAS benefits will face a reduction through recovery tax after your income reaches $86,912 or more. At a 65-74 year old age your full OAS will experience complete clawback when your income reaches $142,609 and for those above 75 the clawback starts at $148,179.
What Is the Guaranteed Income Supplement (GIS)?
As part of its benefit program the Guaranteed Income Supplement (GIS) provides supplemental benefits that expand Old Age Security (OAS) payments to low-income senior citizens. The program exists to assist people whose financial situation requires support.
GIS Eligibility
To qualify for GIS, you must:
- Be receiving OAS
- Be 65 or older
- Live in Canada
- The government determines yearly limits which your income needs to be below to meet eligibility criteria
GIStier benefits vary according to whether someone is married and how much total income they earn. The following chart displays the income thresholds which will be applied for 2025:
- Eligibility for GIS with OAS comes from three groups: single people, widowed and divorced individuals who earn less than $22,056.
- Spouses receiving OAS benefit need combined income less than $29,136 to stay eligible for the benefit.
- Elderly individuals in married/common-law relationships who have one person getting OAS must follow the $52,848 limit for combined household income.
GIS Payment Amounts in 2025
Maximum GIS amounts for January to March 2025:
- Single: $1,086.88
- Spouse also on OAS: $654.23
- The maximum payment for a partner who does not receive OAS benefits reaches $1,086.88.
The process of signing up for the OAS $2,350 direct deposit payment system will become available during 2025.
- Automatic Enrollment
Service Canada will perform automatic OAS enrollment for you if they possess your data records. The governmental organization will send you a notification several months before your upcoming birthday at age 65. - Manual Application
A letter from Service Canada will trigger your application process to begin either through an online or postal channel. Start the application process at least half a year before reaching your 65th birthday.
Apply through your My Service Canada Account for online processing
You can apply by using ISP-3000 document which requires mailing to the office of the government.
You must submit GIS applications yearly unless you authorize the Canadian Revenue Agency to calculate your eligibility during tax filing and meet specific deadline requirements.
Common Payment Dates in 2025
OAS and GIS payments are made monthly, typically near the end of each month. For 2025, here are the early payment dates:
- January 29
- February 26
- March 27
- April 28
- May 28
Make sure your direct deposit details with Service Canada are current to avoid delays.
FAQs:
How do I know if I’m enrolled for OAS?
Service Canada will mail you a letter a few months before you turn 65. If you don’t get one, apply manually.
Can I work and still receive OAS and GIS?
Yes, but GIS is income-tested, so your payments may be reduced or cut off if your income exceeds the threshold.
Are these payments taxable?
OAS: Yes, it is taxable.
GIS: No, it is non-taxable.