$1529 / Month Pension Boost In 2025 – Know Payment Schedule & Eligibility

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The Canadian seniors are expecting $1529 / Month Pension Boost In 2025. This $1529 Monthly raise in the old age payments are being anticipated. The seniors with age from 64 years till 75 years can receive this monthly boost of $1529. The old age payments in Canada are adjusted quarter to reflect the changes in the CPI and inflation Data. This can help the seniors to maintain their purchasing power. This $1529 raise is anticipated as quarterly adjustments. But as per official Service Canada report, the old age payments will not be boosted for the first quarter of this year. The OAS amount remains at $727.67 for 65 to 74 years old seniors and $800.44 for the seniors aged over 75.

$1529 / Month Pension Boost In 2025

This $1529 / Month Pension Boost In 2025 is not supported by the CRA officially. As per the recent changes in the OAS, the $1529 boost is not included. This $1529 Monthly boost stems from the unofficial rumoured updates on social media. But officially there is no monthly raise yet announced by CRA. If this raise of $1529 is implemented in the next or second quarter, then this boost will be a lifeline for the seniors’ financial independence. This will not only offer financial independence but also dignity and a comfortable lifestyle. Yet, this $1529 monthly boost has no official confirmation, it means there is no need to rely on this update.  

$1529 / Month Pension Boost In 2025

Canada Old Age Security Boost In 2025- Overview 

Post Title $1529 / Month Pension Boost In 2025
Year2025
Country Name Canada 
Program Name Old Age Security 
Issuing Agency CRA 
CRA Old Age Security Eligibility 2025Seniors with age 64 years to 75 Years 
Purpose Financial Assistance 
Payment Frequency Monthly 
Canada OAS Pension Boost Deposit Dates 2025Not Confirmed 
Post Category Finance
Official Web Page www.canada.ca

CRA Old Age Security Eligibility 2025

This $1529 is the anticipated boost to OAS Payments. Whenever the boost is given by the CRA, it automatically applies to the regular OAS. It means that there will be no changes to the eligibility rules except the income requirements.

  • The 65 year old seniors can get this aged payment.
  • Canadian residency or citizenship for this OAS is required.
  • Those who have Canadian residency for 10 years after turning 18 can get this OAS Benefit.
  • The income for the previous year must be matched or must be lowered than the provided CRA income requirements. Currently, these income requirements are:
Age Annual Income Limit
65 Years – 74 Years $1,48,451
75 Years or more $1,54,196

Canada OAS Pension Boost Deposit Dates 2025

This Old age pension boosted payment will follow the regular schedule only as the boost always applies to the regular benefits. Here is the 2025 OAS schedule:

Month – YearCRA Deposit Dates 2025
January – 2025 29th 
February – 202526th 
March – 202527th 
April – 202528th
May – 2025 28th
June – 202526th
July – 2025 29th
August – 202527th
September – 2025 25th
October – 202529th
November – 2025 26th
December – 202522nd

Fact Check: $1529 Monthly OAS Boost 2025

This $1529 Monthly Boost in old age benefits appears not to be reliable. The CRA officially announces that there will be no raise in the OAS Payments till March 2025. From April 2025, there will be a raise in OAS Payments but that raises will not be equal to $1529. This $1529 boost figure is not feasible as these boosts to the millions of beneficiaries will create funding problems.

The Government can’t spend their billions of tax revenues for the old age payments. This means that this $1529 monthly boost is a hypothetical boost that is not factually reliable. The aged Canadians must be cautious and always stay updated with the CRA announcements. For more data, the users can browse CRA portal or www.canada.ca. 

FAQ Related To $1529 / Month Pension Boost In 2025

What is $1529 Monthly Pension Boost 2025?

This $1529 Monthly Pension Boost 2025 is the anticipated boost figure that can be claimed by the OAS Beneficiaries.

When will the $1529 Monthly boost be effective?

The OAS boost is provided by the CRA quarterly, but this $1529 monthly boost is not reliable to be effective. 

What is the current OAS Payment?

The current OAS Payment remains at $727.67 for 65 to 74 years aged Canadian and $800.44 for the 75 years aged Canadian. 

Is this $1529 Monthly Boost reliable and possible?

No, this $1529 Monthly boost to OAS Payments is not reliable and not possible.

Where the new adjustments to the pension payments can be checked?

The new adjustments to the pension payments can be checked from the official CRA portal or www.canada.ca. Also the seniors can see My Service Canada Account for the new adjustments.

Kiran Iyer

Kiran Is a full time content creator on simhachalamdevasthanam.net, She has experience of 7.5 Years in this field. She has been writing and editing content ever since. She has expertise in Finance and News articles as she has done her graduation mass media and communications.

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