Millions of Canadian seniors are set to receive a $2,455 Old Age Security (OAS) deposit as part of the federal government’s pension payment schedule for June 2025. The Old Age Security program provides monthly benefits to eligible seniors aged 65 and older, and the amount may vary depending on age, income level, and supplemental allowances. With cost-of-living increases factored in, this deposit includes both regular OAS and possible retroactive or supplementary payments.
Who Is Eligible for the $2,455 OAS Payment?
To be eligible for the full OAS payment in June 2025, you must be 65 years of age or older, a Canadian citizen or legal resident, and have lived in Canada for at least 10 years since age 18. You must also meet the income requirements to avoid OAS clawbacks. The $2,455 figure may include retroactive payments, OAS supplement (GIS), or adjustments due to late enrollment. Individuals over age 75 may receive a higher monthly base amount.
| Eligibility Criteria | Requirement |
|---|---|
| Age | 65 or older as of June 2025 |
| Residency | Canadian citizen/legal resident with 10+ years in Canada |
| Tax Filing | 2023 income tax return filed |
| OAS Registration | Must have applied or auto-enrolled |
| Supplemental Eligibility | GIS or Allowance eligibility may increase total amount |
How Much Will You Actually Receive?
While the $2,455 payment is not standard for every recipient, it may apply to those receiving combined payments, such as the Guaranteed Income Supplement (GIS) or Allowance for the Survivor. For 2025, standard OAS for individuals aged 65–74 is around $713/month, and for those 75+, it increases to $784/month. The remaining amount may come from retroactive payments, corrections, or supplemental benefits paid in a lump sum.
| Age Group | Base Monthly OAS | With GIS (Max) | Possible Lump Total |
|---|---|---|---|
| 65 to 74 | $713 | $1,065 | Up to $2,455 |
| 75 and older | $784 | $1,136 | Up to $2,455 |
When Will the Payment Be Issued?
The $2,455 OAS deposit is expected to be released on or around June 26, 2025, following the federal government’s monthly pension schedule. Payments are made via direct deposit to your registered bank account. Those not enrolled in direct deposit will receive a cheque by mail, which may take a few extra days. It’s important to confirm your banking details and address with Service Canada to avoid delays.
What If You Don’t Receive It?
If you are eligible but do not see the payment by the end of June, you should log in to your My Service Canada Account (MSCA) to verify your OAS status and payment information. Delays may be caused by tax filing issues, outdated information, or pending application processing. You can also call Service Canada for support or to report a missing or incorrect payment.
The $2,455 OAS payment in June 2025 is a combination of regular Old Age Security benefits and additional entitlements for low-income or late-enrolled seniors. By confirming your eligibility and keeping your records updated, you can ensure timely access to your benefit. As cost-of-living pressures rise, this payment offers critical financial relief for many older Canadians.
FAQ’s:
1. Is the $2,455 a monthly OAS amount?
No, it reflects a lump sum that may include monthly OAS, GIS, and possible retroactive payments.
2. What if I haven’t applied for OAS yet?
You must apply through Service Canada unless you’re automatically enrolled. Apply as soon as you turn 64.
3. Is the OAS payment taxable?
Yes, OAS payments are considered taxable income in Canada.
4. Can I receive OAS while living abroad?
Yes, if you meet specific residency conditions, you may still receive OAS abroad.
5. How can I check if I’m enrolled?
Log in to your My Service Canada Account or contact Service Canada directly to confirm your enrollment status.
