In an important update for retirees, the Canada Revenue Agency (CRA) has officially confirmed that eligible seniors will receive a combined pension payment of up to $2,166 on May 28, 2025. This total includes benefits from the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS) — the three key … Read more
As May 2025 unfolds, thousands of Canadian seniors are buzzing about a $3,500 Old Age Security (OAS) Payment. But is this windfall real or just another circulating rumor? Here’s a deep dive into what’s actually happening, the official figures, eligibility requirements, and how the OAS benefits system really works for seniors across Canada. What is … Read more
Canadian seniors are set to receive a $1,546 direct deposit in May 2025, combining benefits from Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). This financial assistance is designed to help seniors cope with increasing living costs and inflation. If you’re 65 or older and qualify under certain conditions, you may be eligible … Read more
The Old Age Security (OAS) Supplement 2025 continues to serve as a vital financial support program for seniors across Canada, providing a reliable monthly income to eligible elderly residents. The Department of Social Development administers the program to help seniors manage essential expenses without financial strain. If you’re turning 65 soon or already eligible, here’s … Read more