OAS Payment Sent Early for June—Did You Receive the Boosted Amount? The Canadian government has initiated various programs to assist vulnerable Canadians financially. One of them is Old Age Security (OAS), which is designed to help senior citizens and retirees maintain a financially stable and respectable lifestyle. This time, the government has decided to boost and pay the amount to people earlier, seeing the rising inflation. To know more about the topic “OAS Payment Sent Early for June—Did You Receive the Boosted Amount?,” read the complete article.
OAS Payment Sent Early for June
There are rumors everywhere that the government has initiated an early payment for OAS recipients for June and eligible people might receive it. It is important to know about this payment in depth to understand its significance and whether the rumors are true or just fraud. The Old Age Security (OAS) is a payment that is targeted for older individuals and retirees to help them for their future when they will have no source of income. The payment amount of OAS is changed time to time to keep pace with inflation and the rise in the cost of living.
The main objective of this payment is to provide financial stability to people who are facing monetary challenges and are unable to afford basic necessities. With the help of OAS payments, they can afford food, energy, rent, and healthcare costs. It is a taxable income. For those who are low-income, there is an additional benefit to OAS that can help boost your income, which is called the Guaranteed Income Supplement. Many seniors who don’t receive other forms of retirement pension will qualify for this benefit.
OAS: OAS is Canada’s biggest pension program that gives eligible residents and citizens a taxable monthly payment once they reach the age of 65. The government’s general tax revenues fund it so you don’t have to pay into it directly.
Did You Receive the Boosted Amount?
Many people will have received the boosted amount in 2025. However, the CRA has not officially announced anything about the increased amount of OAS. This can mean that the payment is not boosted and it can be increased due to many other reasons. One of the major reasons is underpayment. CRA must have paid you less in the prior month and adjusted your payments in the next month. Changes in personal information, age, and marital status can also be a cause for increased or decreased payments.
Although, based on changes in the Consumer Price Index (CPI), the payment will increase by 1.0% for the July to September 2025 quarter, for an increase of 2.3% over the past year, from July 2024 to July 2025.
OAS Payment Dates 2025
Every year, Old Age Security (OAS) payments are made around the same time each month, but they do vary based on the day of the week that the date falls on. Here are the direct deposit payment dates for 2025 to help you determine when your next payment will be.
| Month | Payment Date 2025 |
| January | 29th January 2025 |
| February | 26th February 2025 |
| March | 27th March 2025 |
| April | 28th April 2025 |
| May | 28th May 2025 |
| June | 26th June 2025 |
| July | 29th July 2025 |
| August | 27th August 2025 |
| September | 25th September 2025 |
| October | 29th October 2025 |
| November | 26th November 2025 |
| December | 22nd December 2025 |
If you get your pension benefits through a check. you won’t get OAS payments on these dates. This is due to the fact that the Canada Revenue Agency will either issue the checks on these dates or within a few business days. It could then take up to 10 business days for the funds to show up in your mailbox. At any time, though, you can sign up to have the funds directly deposited into your bank account so you can receive payments faster.
Eligibility Criteria
In order to start receiving OAS, you don’t have to be retired. The only requirements to start receiving OAS depend on whether or not you live in Canada. If you live in Canada, in order to start receiving benefit payments, you have to fulfill the eligibility criteria given below:
- You must be 65 years old.
- You must have lived in Canada for at least 10 years since you turned 18.
- You must be a Canadian citizen or permanent resident at the time your application is approved.
Note: If you don’t live in Canada, you also have to be 65 years old, but you must have lived in Canada for at least 20 years since you turned 18.