$969 OAS Pension in July 2025: Who Can Get It, and How to Claim?

$969 OAS Pension in July 2025: Old age security is a major source of retirement income for seniors in Canada. This benefit was created to give seniors a steady income, and it is periodically increased to reflect changes in living expenses brought on by inflation. Updates on $969 per month under OAS were posted online in July 2025.

In July 2025, the $969 OAS Pension raised questions like: Is this $969 a new maximum OAS? Did CRA significantly raise the OAS? In actuality, however, the standard OAS pension has not suddenly increased to $969. Rather, this sum represents a mix of a voluntary deferral increase and a modest inflation-based increase.

$969 OAS Pension in July 2025 Overview

OAS Pension of $969 in July 2025

Service Canada has not announced a new base payment, nor is the $969 OAS Pension in July 2025 a one-time increase. Rather, this $969 amount is the result of two factors: the deferral bonus for seniors who postpone OAS until age 70, and a 1 percent inflation-based adjustment from July 2025.

For instance, a senior who postponed OAS until age 69 or 70 would be eligible for a larger payout than someone who began at age 65. The monthly maximum can easily reach $969 or even more when this deferral bonus is added to a recent inflation adjustment of 1%. All old age security claimants are not eligible for this $969 flat rate.

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$969 Old Age Security Amount Breakdown 2025

Let’s use an example to better understand this $969 sum. Assume that a person who turned 65 in July 2020 decided to postpone their OAS until July 2025, when they will be 70 years old. Their payment in July 2025 could be computed as follows.

In June 2025, the OAS amount was $727.67. After adjusting for inflation by 1%, the OAS amount in July 2025 was $734.94. As of June 2025, the 36 percent Deferral Bonus for five years is $727.67 * 36 percent = $989.63. In July 2025, the 36 percent deferral bonus for five years will be $734.94 * 36 percent = $999.52. The sum in July 2025 would be $946.61 if some people decided to postpone until they were 69 years old. The OAS benefit could increase to $969 per month with this 1 percent raise and 36% deferral increase.

Important Note: Not all OAS Claimants are eligible for the $969 monthly payment. Those who opted to postpone will benefit from this.

2025 OAS Pension Eligibility

Basic Eligibility for OAS

Claimants must be at least 65 years old. The claimants must be Canadian residents. Claimants must adhere to income regulations and have lived in their current residence for ten or more years after turning eighteen.

$969 OAS Eligibility

Every basic rule mentioned above must be adhered to. OAS must be postponed by claimants until age 69 or 69. The maximum base OAS and maximum deferral bonus should be available to claimants.

Dates of the Old Age Security Deposit July 2025

For OAS, the CRA adheres to a set payment schedule. The $969 payment will be made according to the regular, set schedule because it is a component of the deferral payment and inflation increase. The OAS Payment is expected to be disbursed in July 2025 on: July 29, 2025.

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$969 OAS Pension in July 2025 Fact Check

All seniors will not receive a flat rate increase for the $969 OAS Pension in July 2025. This $969 is the outcome of the 1 percent inflation-based adjustment that went into effect in July 2025 and the voluntary deferral that allows seniors to postpone OAS until they are 70 years old. Seniors could receive $999.52, which includes a 1% CPI increase, if they postponed their OAS pension until they were 69 or 70 years old. Since this sum is more like $969, seniors might also receive it. However, the $969 OAS Payment is not formally universal.

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