A recent rumour making waves among Canadian seniors suggests a $1,266 OAS Increase Payment February 2025. If true, then this would amount to an average monthly raise of around $105.5. This will provide a welcoming financial relief to the eligible seniors who are facing rising living costs. But this claim contradicts the official announcement of CRA, which confirmed that there will be no increase to the OAS Payments during the first quarter. It means that for January, February, March, there will be no raise to OAS. This discrepancy has left seniors confused and the seniors are eager for the clarification.
$1,266 OAS Increase Payment February 2025
The Old Age Payment is a critical financial lifeline for Canadian seniors. The OAS payments are typically adjusted quarterly to reflect the CPI changes. This can help seniors to keep up their purchasing power. But this $1,266 OAS Increase Payment February 2025 implies a monthly raise of approximately $105.5. This raise is a significant boost for many seniors particularly those who are on fixed earnings. Such seniors struggle with rising housing, food and healthcare costs. But despite this $1,266 Annual boost, the CRA clearly announced that for the first quarter, no raise will be provided. This official statement contradicts the rumours of a February raise.
OAS Annual Raise From Feb 2025/ Overview
| Post Title | $1,266 OAS Increase Payment February 2025 |
| Year | 2025 |
| Country Name | Canada |
| Month | February |
| Program Name | Old Age Security |
| Administered By | Service Canada/CRA |
| Canada Old Age Security Eligibility 2025 | Current OAS Claimants |
| Purpose | Financial Assistance |
| Payment Frequency | Monthly |
| CRA OAS Payment Date 2025 | Refer to Below Table |
| Category of the Post | Finance |
| Official Website | www.canada.ca |
Canada Old Age Security Eligibility 2025
The raises only apply to the regular benefits. It means that the regular eligibility rules will be followed:
- The elderly 65 year olds can get this benefit.
- The holders of Canadian citizenship and residency can claim this raise.
- Those Canadian residency holders who reside here for 10 years after the age 18 years can get this raise.
- The income thresholds are:
| Age | Annual Income Thresholds |
| 65 – 74 Years | $1,48,451 |
| 75 Years or over | $1,54,196 |
- Most of the eligible seniors will automatically get this raise.
CRA OAS Payment Date 2025
The increase in OAS Payments applies to regular benefits. It means that whatever raise is provided by the CRA, this would be issued as per the regular schedule for the old age payments. The old age payments are made via direct deposits or mailed checks, depending on the recipient preference. For the timely payments, the seniors must ensure that their banking information or mailing details must be up to date. Here are the monthly payment dates for this old age payment.
| Year / Month | Payment Dates |
| 2025 / January | 29th |
| 2025 / February | 26th |
| 2025 / March | 27th |
| 2025 / April | 28th |
| 2025 / May | 28th |
| 2025 / June | 26th |
| 2025 / July | 29th |
| 2025 / August | 27th |
| 2025 / September | 25th |
| 2025 / October | 29th |
| 2025 / November | 26th |
| 2025 / December | 22nd |
Fact Check: $1,266 Annual Raise In OAS Payments
The CRA confirmation that there will be no raise provided to the OAS Program in the first quarter may be disappointing for the seniors. But there might be possibilities that from April 2025, the raise will be provided. This $1,266 raise in February 2025 is not official. Despite the CRA official statement, the rumours of $1,266 annual raise in OAS Payments have gained the seniors attention because of past increases, rising living costs. Social media and online forums can quickly spread unverified claims which leads to widespread confusion. So the recipients must always verify the information from official channels like the CRA portal or Service Canada page. Also the seniors must beware of the scams related to potential OAS Raises.
FAQ Related To $1,266 OAS Increase Payment February 2025
No, the CRA has not approved this $1,266 Annual raise in OAS Payment yet.
This $1,266 Raise will apply to the OAS regular recipients.
The old age payments are adjusted quarterly based on the CPI and inflation rates.
No, the seniors should not rely on this $1,266 OAS Raise as this raise remains speculative without official confirmation.
The first quarter OAS Amount remains at $727.67 for the seniors of 65 years of age to 74 years of age and $800.44 for the seniors of 75 years of age or more.
The recipients can verify the OAS Updates with the boosted amounts from the Canada.ca portal.
