Skip to content
Canadian DisabilitySpecialists
MonthlyMonthly money

At a glance

Worth:
monthly pension
Who:
You are 65 or older.

What it could be worth

Amount

monthly pension

  • Maximum at 65: $751.97/month (July–September 2026 quarter).
  • Maximum at 75: $827.17/month (the automatic 10% boost at 75).
  • Delaying: 0.6% more per month of delay past 65, up to 36% more at 70.
  • The recovery tax takes back 15% of net income above the threshold (about $93,000–$151,000 band, 2026).

Example: A 65-year-old who has lived in Canada since age 18 gets $751.97/month (this quarter). It is taxable. There is no reduction unless other income goes past the recovery-tax threshold. If they delay to 70, they would get about 36% more per month. The quarter and their residence history set the exact amounts.

How it benefits you

  • A guaranteed income floor for seniors — paid no matter what your work history looks like.
  • Taxable, but the 15% recovery tax only applies above about $93,000 net income (2026 threshold band).
  • Getting OAS also opens the Guaranteed Income Supplement (GIS) for low-income seniors, and the Allowance for partners aged 60–64.
  • You can start payments at 65, or delay them to 70 to get 0.6% more per month (up to 36% more).

What you need to qualify or apply

Eligibility

  • You are 65 or older.
  • You are a Canadian citizen or legal resident on the day before you apply (or an eligible former resident living abroad).
  • You have lived in Canada at least 10 years after age 18 to be paid in Canada (20 years to be paid abroad).
  • The full maximum needs 40 years of residence after age 18. Smaller pensions are reduced proportionally (1/40th of the maximum for each year).

How to apply

  1. Most people are enrolled automatically. Service Canada sends a letter the month after your 64th birthday.
  2. If no letter arrives within a month of your 64th birthday, apply (online through MSCA is fastest, or use the paper form).
  3. File your taxes every year — OAS and GIS payments stop on July 1 if you have not filed a return.
  4. Choose your start month (65 up to 70). MSCA lets you start, delay, or change the date.

Documents you may need

  • Your Social Insurance Number (SIN) and banking or direct-deposit details.
  • Proof of legal status if you are not enrolled automatically.
  • A tax return filed each year (even with no income) to keep payments coming.

Read more from the official source

Checked Service Canada — Old Age Security · Sep 13, 2026

Official program page ↗

Amounts and rules can change — always confirm on the official source before applying.

This page is general information, not a CRA or provincial determination — amounts and rules can change. Not sure where you stand? The free benefits check walks you through it, or a Registered Social Worker can review your full situation.