In Canada, the Canadian Government offers distinct benefits to the seniors and the seniors always seek for new benefits. As per recent update, the $2,902.34/Monthly OAS Benefits Amount In February 2025 will be given to the seniors. It means the seniors in this month will receive $2902.34 payment. Now, the seniors might think from $727.67 how they will claim for $2902.34. This $2902.34 OAS Payment is the monthly financial combined benefit that will be paid with the OAS along with its supplementary payments. It means this $2902.34 includes not only $727.67 or $800.44 OAS Payment but also the GIS, Allowance, Survivor’s Allowance payment.
$2,902.34/Monthly OAS Benefits Amount In February 2025
Officially the CRA does not provide information on $2,902.34/Monthly OAS Benefits Amount In February 2025. But as per the OAS figures, this $2902.24 is the estimated payment that the aged Canadians can receive in this month if they also qualify for the Supplementary payments. The OAS provides $727.67 or $800.44 to the seniors and GIS of $1086.88 or $654.23 to seniors and Allowance of $1381.90 to the seniors and Survivors Allowance of $1647.34. Those who qualify for these supplementary payments, then it might be possible that seniors can get a monthly pension of $2902.34. This $2902.34 is the estimated payment that the seniors can claim but it’s important to know that all the seniors might not qualify.
CRA Old Age Security Benefit 2025- Highlights
Announcement | $2,902.34/Monthly OAS Benefits Amount In February 2025 |
Year | 2025 |
Month | February |
Country Name | Canada |
Issuing Agency | CRA / Service Canada |
Canada OAS Monthly Payment Eligibility 2025 | Qualified Seniors in Canada |
Purpose | Financial Aid |
Payment Frequency | Monthly |
Canada OAS Payment Date 2025 | See this Guide |
Post Category | Finance |
Official Web Page | www.canada.ca |
CRA OAS Benefits Eligibility 2025
As this $2902.34 includes OAS, Allowance, GIS, Survivors allowance then the senior must qualify for such payments:
Old Age Security:
- This is for the 65 years aged seniors who have Canadian legal status for continual ten years since turning eighteen years.
- The seniors annual income should be:
Age | Earning Limit |
65 – 74 Years | $1,48,451 |
75 Years or more | $1,54,196 |
Guaranteed Income Supplement:
- This is for the 65 years aged seniors who have Canadian legal status for continual ten years since turning eighteen years.
- The seniors must also get an old age pension.
- The seniors annual income should be:
Marital Status | Income Limit |
Single | $22,056 |
Divorced | $22,056 |
Widowed | $22,056 |
Married (Spouse not get OAS Pension & Allowance) | $52,848 |
Married (Spouse get OAS Pension) | $29,136 |
Married (Spouse get Allowance) | $40,800 |
GIS Allowance:
- This is for 60 to 64 years aged seniors who have Canadian legal status for continual ten years since age eighteen years.
- The Canadian legal status holder can receive this.
- The seniors spouse must also receive OAS Pension and also qualify for the GIS Payment.
- The annual income should be under $40,800.
Allowance For Survivors:
- This is for 60 to 64 years aged seniors who have Canadian legal status for continual ten years since age eighteen years.
- Those with Canadian legal status such as residency or citizenship can get this.
- The spouse of the senior or the common law partner of the senior must have died and now that spouse or partner does not marry again.
- The annual income should be under $29,712.
Canada OAS Payment Date 2025
This OAS Payment includes supplementary payments and all these payments are issued on the same date. For February 2025, the schedule is provided below:
Payment Date | Month, Year |
26th | February, 2025 |
Fact Check: $2902.34 Monthly OAS Payment In 2025
This $2902.34 OAS Payment includes the supplementary payments. Officially this $2902.34 has not been confirmed by CRA but this benefit is the estimated payment amount that is anticipated for the seniors who claim for the OAS and also qualify for the supplementary payments. But all the qualified seniors can’t rely fully on this payment as some can receive lower and some can receive more. For more payments like OAS and Supplementary payments, Canadians can see the official CRA page or Service Canada page.
FAQ Related To $2,902.34/Monthly OAS Benefits Amount In February 2025
Officially, this $2902.34 OAS Monthly payment is not fully reliable as this benefit is the estimated payment.
Those who qualified for OAS along with the supplementary payments, the seniors can get this $2902.34 estimated payment?
Yes, this $2902.34 Payment is taxable as this payment is part of OAS Benefit.
From the official Service Canada page, this $2902.34 OAS can be confirmed.