The Old age pension is part of Canada public pension system and this pension payment offers monthly financial support to the seniors who are of age 65 years or more. This payment is designed to offer a basic income to the seniors and retirees. This OAS pension ensures that Canadian aged residents can maintain reasonable living standards in their retirement years. To keep pace with the rising costs and inflation, the OAS pension is adjusted quarterly by Service Canada as based on CPI. But now there are discussions for Extra $150 OAS Payment March 2025 which shows the quarterly inflation change.
Extra $150 OAS Payment March 2025
This Extra $150 OAS Payment March 2025 is anticipated as part of the quarterly adjustment. From 31st March, 2025 this $150 extra payment to Old age pension is being anticipated. For the first quarter, the maximum pension is $727.67 for seniors who are aged 65 years to 74 years and $800.44 for those who are aged 75 years or over. Now from Second quarter, this pension payment will be raised by $150. This means the $727.67 payment may be raised to $877.67 and $800.44 payment may be raised to $950.44 per month. This $150 raise is just part of discussions but officially the CRA has not announced any supplementary $150 old age pension payment at March end.
Canada OAS Extra Payment In March 2025- Highlights
| Announcement | Extra $150 OAS Payment March 2025 |
| Issuing Agency | CRA |
| Year | 2025 |
| Name of the Country | Canada |
| Month | March |
| Program Name | OAS |
| CRA Old Age Security Eligibility 2025 | Qualified Seniors In Canada |
| Payment Frequency | Monthly |
| Extra Support Payment | $150 Per Month |
| Applicable From | Second Quarter |
| Purpose | Financial Assistance For Seniors |
| Canada OAS Payment Schedule 2025 | See this Guide |
| Approval Status | Not Approved Yet |
| Category of the Post | Finance |
| Official Website | www.canada.ca |
CRA Old Age Security Eligibility 2025
This $150 extra payment is anticipated as part of the raise that CRA may provide from the second quarter. Whenever the CRA increases payments, the raise is automatically applied to the regular payments. This means there are no separate eligibility criteria for the increased amount, the standard eligibility requirements for the regular payment apply to the raised payment.
- Applicants with age 65 years or older can receive this.
- The individuals after turning 18 years old can receive Canadian residency for ten years and receive partial payments and those who hold residency for 40 years or more can get full pension payment.
- The individuals must have residency or citizenship of Canada.
- The net income of the seniors should be under the provided limits as per the seniors age:
| Seniors Age | Seniors Annual Income |
| 65 to 74 Years | $1,42,609 |
| 75 Years or more | $1,48,179 |
Canada OAS Payment Schedule 2025
This raise is anticipated to be applicable from the second quarter. This means that this payment amount will be confirmed in March but officially the payment will be paid in April 2025. See the old age pension monthly schedule here:
| 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: $150 Raise To OAS Pension In March 2025
There are reports of an additional $150 old age pension payment in March 2025. These claims may or may not be reliable as Service Canada will adjust this OAS Pension in the second quarter. As per the reports, this $150 will be offered in March end. It means this will officially be distributed in April 2025. As per this $150 additional payment may be reliable. This $150 is just an anticipated or estimated raise that can be claimed by seniors from the Second quarter. The possibility of this payment exists but the seniors must verify such updates through official sources before making any financial plans based on this information. As of now, we recommend the seniors to wait for official confirmation.
FAQ Related To Extra $150 OAS Payment March 2025
This $150 old age pension additional benefit is the raised payment that is anticipated from the second quarter.
No, yet this $150 OAS Pension is not officially confirmed.
Yes, this $150 monthly OAS raise applies to regular payment if confirmed.
This $150 OAS pension raise may be issued in the second quarter.
The residents can officially confirm this $150 OAS Pension through the official CRA page.
