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It was created to provide general pension information only.

OAS benefit amounts will increase by 0.3% for the January to March 2023 quarter. This increase is based on the general Consumer Price Index (CPI).

Maximum OAS amount for this quarter:

  1. $687.56 for seniors between ages 65 to 74 
  2. $756.32 for seniors 75 and older

Maximum GIS amount for this quarter:

  • Single, widowed, or divorced pensioner: $1,026.96
  • You and your spouse both receive full OAS / your spouse receives an Allowance payment: $618.15
  • Your spouse does not receive OAS or Allowance payment: $1,026.96

Maximum Allowance amount for this quarter: $1,305.71

Maximum Allowance for Survivor amount for this quarter: $1,556.51

Past increase

1.1% for the January to March 2022 quarter.

1% for the April to June 2022 quarter.

2.8% for the July to September 2022 quarter

0.6% for the October to December 2022 quarter

Note: The CPI is a measure of the rate of price change for goods and services bought by Canadian consumers. The increase or decrease in the CPI is measured by the percentage change between the average of the most recent 3-month CPI period and that of the last 3-month CPI period.

Additional Information

Seniors aged 75 and over will see an automatic 10% increase in their Old Age Security pension, as of July 2022.

source: https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/payments.html

If you want to stay on top of every federal benefit payment date in 2026, we’ve put together a clear and easy-to-follow guide to help you plan ahead with confidence. Explore the full schedule and make sure you never miss a payment by checking out the 2026 Federal Government Benefit Payment Calendar.

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