Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The Canadian government supports the elderly with old safety payments to manage their costs. It is a monthly pension for Canadians who are eligible. People who live in Canada who are eligible to pay OAS can check the payment dates and other details here to manage their finances well.
Payment Dates OAS 2024
The Canadian government provides financial support to the elderly of 65 years or more through security benefits in old age. It is designed to support older citizens when they do not have many sources of revenue and are unable to earn enough life. The advantages of OAS are like the pension plan of Canada, in addition to their contributions, recipients do not have to contribute to the receiving OAS.
The Canadian revenue agency is managed and operated by OAS. The Government has increased the payment of OAS benefits by 1.3% based on consumer prices index to ensure that payment is sufficient to survive growing costs.
The Canadians who meet the conditions receive the payment of OAS, including the permit of the guaranteed income, the supplement and fee for the survivor at the end of the month. Based on the payment calendar in 2024, the OASS recipients may expect their upcoming payments on the following date:
| Month of payment | Payment dates |
| October | 29. October 2024 |
| November | 27 November 2024 |
| December | December 20, 2024 |
CRITERIA FOR FILLING THE CONDITIONS OAS 2024
People living in Canada who meet the following requirements for fulfillment of conditions qualify for OAS Payment 2024:
- If you live in Canada, you must be 65 years of age or older, a legal resident of Canada, and you have lived at least 10 years of 18 years.
- If you live outside Canada, you can receive OAS, if your age is 65 or older, a Canadian citizen, and you have lived at least 20 years of 18 years of Canada.
- Canadian employees who work outside Canada, such as the staff of the Bank Armed Forces or Employees, may be eligible for OAS if:
- Or they are 65 years old while still employed and maintained by Canadian residence, or
- They returned to Canada after completion of employment within six months.
Payment amount OAS 2024
Canadians who are eligible for OAS benefits will be entitled to payment based on their annual net income compared to the previous year and age. As mentioned earlier, the Canadian government has increased the OAS compensation with 1.3% for the quarter of October-December 2024 from previous payments.
The Agency reviews the benefits of the OSA January, April, July and October to ensure that the payment corresponds to the pace of increasing the amount of living costs through CPI. However, if the cost of living drops, the benefits of OAS will not decrease. OSS recipients receive the following maximum payments in the fourth quarter 2024. Based on their annual net income and age:
| Aging | Annual net income | Maximum monthly payment |
| 65 to 74 | Below $ 148,451 USD | 727,67 USD |
| 75 or more | 154 USD, 196 | 800,44 USD |
Other benefits of OASA
Canadians who meet the conditions for OAS benefits may be eligible for receiving other benefits, such as:
- Supplement: Canadians whose partner or spouse generally receive an addition to the guaranteed income (GIS) and in the age of 60 and 64 years of eligible for the OAS Appendix. Supplement OAS for recipients whose annual revenue is less than $ 40,800 receives a monthly addition to up to $ 1381.90.
- Guaranteed Appendix Appendix: OSS recipients whose revenue is lower than the maximum annual income threshold and who receive the OAS pension would receive GIS within the OAS Program. Payments of GIS depend on your situation and annual income, the recipient can receive payments from $ 654 to $ 1000.
- Survivor surcharge: survivor for survivors is a financial support for survivors of OAS recipients who have not entered the relationship between the usual law or marry again. Your revenue is less than the maximum annual revenue that options with the benefits of OAS. The age of survivors should be between 60 and 64, and their annual net income should be less than $ 29,712. The monthly OASA supplement for survivors is up to $ 1647,34.
The advantages within the OAS Program such as GIS, the supplement for survivors are not taxable, so recipients do not need to worry about tax accounts.
How do your income affect OAS payment?
As mentioned above, your annual net income affects your OAS benefits. According to CRA, if your annual income is more than $ 86912 in the Basic Year 2023, it would affect your payment in 2024.
Canadians with revenue greater than $ 86,912 would have to pay back. As the OAS is a taxable amount, it would add to you a taxable income. The safety recovery tax in old age allows the Canadians to pay off the part of their OS payments. The repayment is calculated on the basis of your income and threshold of the year.
Taxpayers must return 15% of the difference between their income and the threshold of revenue they have decided for the year. Income threshold for 2025 to 2026. It would be $ 90,997.
How to look for OAS payments?
The Agency sends a letter to the Canadians who are eligible to inform them that they have the right to receive the OAS and ask Canadian to apply in favor. You can apply for the OAS Benefits in the following ways:
- Online: You can sign up online on the Service Service official website before you reach 65 years and do not receive an OAS pension or you can also use my Service Canada account to apply for OAS Benefits.
- Post: You can print OAS application form from the official website and submit the application to the Service Canada Office with supporting documents.
After registering, the body will review your application and answer your OAS with a decision in a few weeks. If your body approves your OAS application, the letter will have information on the amount and date of the first payment.
Canadian older citizens who need additional support for cost management and live a comfortable life can apply for OAS benefits to receive monthly financial support from the Government.
