The Canada Revenue Agency (CRA) has confirmed a major update for retirees: starting 16 November 2025, eligible seniors will receive an $800 increase in their Old Age Security (OAS) benefit. This raise is designed to help older Canadians manage rising living costs as inflation continues to impact everyday essentials. The OAS programme remains a key pillar of income security for retired Canadians, and these changes underscore the federal government’s intent to preserve financial stability for seniors.
Significant Boost in OAS Payments
The CRA’s announcement of the $800 OAS benefit increase marks a meaningful enhancement of Canada’s social support framework for seniors. For many retirees, OAS benefits serve as their main income source. From 16 November 2025 onward, those who qualify will see the higher payment credited directly to their bank account. This increase reflects the government’s sustained effort to counter inflation and ensure pensioners can more comfortably meet their expenses. The CRA is encouraging all recipients to verify their banking and tax information ahead of the payment date to avoid any delay.
New Eligibility Criteria for Retired Canadians in 2025
If you receive OAS payments, take note of the CRA’s revised rules for 2025. To qualify for the $800 increase:
- You must be 65 years or older.
- You must meet the minimum residency requirement in Canada (for example, a minimum of 10 years’ residence).
- The CRA will assess the latest tax-return data to calculate your final payment amount.
- Seniors living abroad must ensure their residency proof and records are current.
These adjustments also aim to align OAS payments with the Consumer Price Index (CPI), thus helping to preserve the purchasing power of older Canadians.
At a glance: Key Details
| Detail | Information |
|---|---|
| Increase amount | $800 |
| Effective date | 16 November 2025 |
| Eligible age | 65 years and above |
| Administered by | CRA |
| Residency requirement | Minimum 10 years in Canada |
Payment Schedule and Managing Your OAS Account
The CRA has released an updated payment schedule for OAS recipients to help with financial planning. The next payment — including the $800 increase — will be deposited on 16 November 2025. Thereafter, monthly payments will continue according to the CRA’s timeline. Seniors are encouraged to log into their My Service Canada Account online portal regularly to:
- view payment history,
- update direct deposit information,
- check eligibility status.
Staying up to date with the portal ensures you won’t miss important notices or changes to your payments
Why the OAS Increase Matters for Seniors
This $800 boost to the OAS benefit delivers a much-needed financial buffer for older Canadians facing ongoing inflation and higher living costs. Many retirees live on fixed incomes, so increasing the support helps cover essentials like healthcare, utilities, and groceries. The raise also signals the federal government’s commitment to enhancing retirement security and ensuring dignity for seniors. As Canada’s aging population grows, initiatives like this play a crucial role in promoting financial independence and a decent quality of life for all older citizens.
Conclusion
In summary, the OAS benefit increase announced by the CRA brings an important financial upgrade for Canadian seniors starting 16 November 2025. With eligibility checks, updated rules and a streamlined schedule, this move strengthens support for retirees in the face of rising costs. By staying informed and updating your account details promptly, you’ll be ready to receive the enhanced benefit and maintain your financial stability.
Frequently Asked Questions
What is the new OAS benefit amount for eligible seniors?
The benefit increase is $800, which will be added to the regular OAS payment beginning on 16 November 2025 for eligible seniors.
Who qualifies for the increased OAS payment?
To qualify, a person must be 65 years or older, meet the minimum residency requirement in Canada (typically at least 10 years), and have their tax and residency records up to date with the CRA.
Do I need to take any action to receive the increased benefit?
Yes — you should verify and, if necessary, update your banking, tax return, and residency details through your My Service Canada Account to avoid any delays in payment.
