Old Age Security increases in July for seniors 75 and older
June 9, 2022
Old Age Security pension payments will increase by 10% if you are a pensioner aged 75 years or older starting with the OAS payment at the end of July 2022.
This will be the first permanent increase to the OAS pension since 1973, other than adjustments due to inflation.
The increase will strengthen the financial security of 3.3 million Canadian seniors.