As 2025 progresses, the seniors across Canada are paying close attention to their Government benefit payments, especially the Old Age Security program. A recent buzz surrounding a $742 extra OAS benefit has sparked curiosity. Many are excited to know OAS $742 Extra Delivery Date 2025. Many are questioning what this payment is, who qualifies and whether this a bonus or a delayed deposit or something entirely different. In this article we will know everything on Old age security payment with its eligibility and more.
OAS $742 Extra Delivery Date 2025
The Old Age Security program in Canada is part of the retirement income. This benefit is monthly disbursed to aged Canadians and this benefit is indexed to inflation quarterly. In 2025, the Max OAS for seniors aged 65 -74 is around $727.67 while those aged 75 or older receive approximately 10% more, making their maximum closer to $800.44 per month. So where does the $742 figure come from? As per the updates $742 might be an OAS Payment for seniors aged 75 plus that includes 10% increase. The average payment for them might be around $742 or this might be a delayed or retroactive payment. Many focus that this extra $742 is quarterly inflation adjustment but currently OAS is not adjusted or this $742 comes from confusion with quarterly indexation updates. Let’s break this down and look at relevant details such as eligibility, OAS $742 Extra Delivery Date 2025 and more.
Canada $742 OAS Benefit April 2025- Highlights
| Post Title | OAS $742 Extra Delivery Date 2025 |
| Country | Canada |
| Year | 2025 |
| Program | Old Age Security |
| Administering Body | Service Canada |
| Canada.ca Old Age Security Payment Eligibility 2025 | Qualified seniors who has meet residency, income and age requirements |
| Purpose | Additional Monetary Support to seniors |
| OAS Payment Frequency | Monthly |
| Taxability Status | Taxable |
| Old Age Security Delivery Date 2025 | See this Guide |
| Post Category | Finance |
| Current Max Amount | $727.67 (65 – 74 years) + $800.44 (75 or older) till June 2025 |
| Official Web Portal | www.canada.ca |
Canada.ca Old Age Security Payment Eligibility 2025
To get standard OAS Pension, the applicant must:
- Have age of sixty five years or older
- Have status of Canadian legal resident
- Have 10 years of legal Canadian status from the age of eighteen years
- Have passed the net income threshold of $1,42,609.
For the extra 10% raise, the applicant must:
- Already qualified for the standard OAS Payment.
- Be 75 years old or older.
- Have passed the net income threshold of $1,48,179.
CRA Old Age Security Delivery Dates 2025
The table provided here outlines the delivery dates for 2025 but $742 payment has no confirmation. If $742 provided as average payment, delayed benefit, retroactive payment then might follow this schedule only.
| Month, Year | Old Age Security Delivery Dates 2025 |
| January, 2025 | 29th |
| February, 2025 | 26th |
| March, 2025 | 27th |
| April, 2025 | 28th |
| May, 2025 | 28th |
| June, 2025 | 26th |
| July, 2025 | 29th |
| August, 2025 | 27th |
| September, 2025 | 25th |
| October, 2025 | 29th |
| November, 2025 | 26th |
| December, 2025 | 22nd |
Fact Check: $742 Extra Old Age Security 2025
The claim of $742 extra OAS suggests that the residents will get extra payment of $742 in 2025. But this $742 is not officially confirmed as a seperate one time bonus benefit. A combination of 10% increase for those aged 75 or plus and possible delayed or retroactive payments can also provide extra $742 payment but this extra benefit is not for everyone and every aged resident might have different figures based on their income, age and residency. But if this $742 considers an extra one time benefit regardless of delayed, retroactive and 10% raise then that is not reliable. So this $742 extra is not a new benefit but likely a result of delayed benefits or adjustments. The aged Canadians can’t fully depend on extra $742 payment. For more Old Age Security updates, Canada.ca official page can be followed.
FAQ Related To OAS $742 Extra Delivery Date 2025
No, it’s likely either a regular average OAS Payment for seniors aged 75 or plus or a delayed payment or a retroactive payment.
Seniors who are aged 75 or older can automatically get a 10% raise in their monthly payments.
If aged Canadians delay their old age security by 60 months then they can get monthly payment around $989.63 instead of getting $727.67.
The seniors can know their old age security amount through MSCA.
Till June 2025, $727.67 and $800.44 per month is the old age security max payment.
