The seniors are expecting 194% Increase In OAS Payment $1970 March 2025. This 194% raise in OAS Payment is such a huge raise to the old age pension payment. If this 194% raise will be provided by Service Canada then the seniors will get a monthly payment of $1970. Currently the 100% OAS Pension is set at $727.67 and $800.44 per month. If this monthly payment is delayed to 70 years of age, then the CRA will raise the payments by 36% and then the amount will be $989.63. The CRA only allows the residents to raise the payments till age 70 years and at this age the residents will get lower payments. It means that officially this 194% raise in OAS pension is unverified and not confirmed.
194% Increase In OAS Payment $1970 March 2025
The 194% Increase In OAS Payment $1970 March 2025 is not really confirmed. With the raised social media blogs and news regarding this, the seniors hope for this $1970 monthly payment. But before relying and hoping for the payment, the resident must know the facts and rumours. This 194% raise in old age pension is not fully reliable as the CRA provides no formal communication on this. This 194% raise in OAS pension is just a rumour. If the CRA offers this 194% raise in old age pension officially then definitely this will be financial relief for the seniors and retirees.
CRA Old Age Pension Benefit March 2025- Highlights
Announcement | 194% Increase In OAS Payment $1970 March 2025 |
Issuing Agency | CRA |
Year | 2025 |
Name of the Country | Canada |
Month | March |
Program Name | OAS |
Canada Old Age Security Eligibility 2025 | Qualified Seniors In Canada |
Payment Frequency | Monthly |
Purpose | Financial Assistance For Seniors |
CRA OAS Pension Deposit Dates 2025 | See this Guide |
Category of the Post | Finance |
Official Website | www.canada.ca |
Canada Old Age Security Eligibility 2025
Whenever any raise is offered to the OAS Pension, that raise will apply only to regular payment. It means regular eligibility rules can be followed for this payment.
- The seniors of age 65 years can get this. At this 65 years age, only 100% payment will be provided.
- The seniors who choose to delay their OAS to 70 years age then the CRA offers an extra 36% to the retirees. This often raises the OAS Payments.
- The residents or citizens of Canada can get this.
- Those who are residents or citizens of Canada for ten years after turning 18 can get the payment.
- The seniors annual income should be:
Seniors Age | Seniors Annual Income |
65 to 74 Years | $1,42,609 |
75 Years or more | $1,48,179 |
CRA OAS Pension Deposit Dates 2025
The Old age pension if boosted, then will definitely be issued as per regular schedule. The CRA offers this benefit monthly and deposited to seniors bank accounts or mailed cheques to seniors. For the timely benefit, the aged seniors must update their financial or personal details through MSCA.
Month, Year | OAS Payment Dates |
January, 2025 | 29th |
February, 2025 | 26th |
March, 2025 | 27th |
April, 2025 | 28th |
May, 2025 | 28th |
June, 2025 | 26th |
July, 2025 | 29h |
August, 2025 | 27th |
September, 2025 | 25th |
October, 2025 | 29th |
November, 2025 | 26th |
December, 2025 | 22nd |
Fact Check: 194% Raise In OAS Pension 2025
This 194% raise in OAS Payments is not reliable as the Service Canada has not issued any formal update on this. With this 194% raise the OAS Pension will be $1970 per month. The CRA currently offers a 136% raise to the Old age pension. This raise is only provided to those seniors who delay their payments to age 70 years. The CRA only allows the residents to delay till age 70 years. This means that over extra 36%, the CRA does not offer a raise to old age pension. This 194% raise does not have official reliability.
FAQ Related To 194% Raise In Old Age Pension 2025
The 194% is the anticipated raise in the old age pension payments.
If the CRA officially issues 194% raise then the seniors can claim monthly payment of $1970 under this old age pension payment.
No, this 194% raise in old age pension is not officially confirmed.
The residents can see official amounts for the OAS Pension through MSCA.
The seniors can know the raise payment announcements through CRA official announcement page which is www.canada.ca.