Whenever there is talk of any financial assistance, it is natural for people to get excited. The same is the case with senior citizens of Canada, who get a fixed amount every month from the government under OAS (Old Age Security). This payment is coming again in April 2025, and if you live in Canada or are a senior citizen, then this news is very important for you.

What is the OAS scheme and how does it benefit?

OAS, i.e. Government of Canada’s monthly pension scheme called Old Age Security, is awarded to the citizens who are 65 years or older. It is operated by Service Canada and Employment and Social Development Canada. Its objective is to make senior citizens financially secured in this age of inflation.

Under this scheme, people aged 65 years and above, who have resided in Canada for at least 10 years, are eligible for this benefit. If you are eligible, you receive a notification from Service Canada that your enrollment in OAS has been confirmed. If no notification is received, you have to apply yourself.

OAS April 2025 payment date and amount

This time the OAS payment will be made on 28 April 2025.

If your age is between 65 to 74 years, then you will get an amount of up to $727.67 CAD every month.

And if your age is 75 years or more, then this amount can be up to $800.44 CAD.

Although there are some rumors that the OAS amount will increase to $2100 in April, but no such official announcement has been made yet.Yes, if both OAS and CPP (Canada Pension Plan) are added, it can reach $2100.

What is the qualification for OAS?

1. You should be 65 years or older.

2. You should be a Canadian citizen or legal resident and have been in Canada for 10 years or more after the age of 18.

3. If you were away from Canada but have stayed in Canada for 20 years or more, then you can receive 50% of the benefit.

4. Individuals who apply at the age of 75 qualify for the full amount.

How ​​to apply?

– Make sure you are eligible first.

– Then, visit [Canada.ca](https://www.canada.ca) and sign in through My Service Canada Account (MSCA).

– If you are a new one, ensure you have all required documents ready and apply on-line.

– Otherwise, apply by mail.

– If already registered in the Service Canada database, you will be registered and an automatic confirmation letter sent to you.

Last Words: Tips to Keep In Mind

– Your first payment will be when you are age 65.

– Do not listen to hearsay, take information from valid sources only.

– As per CRA (Canada Revenue Agency), OAS is taxable i.e. tax needs to be paid on it.

Conclusion:

The OAS scheme is a wonderful respite for Canadian seniors, which serves to provide them with a fixed income each month. If you qualify, begin collecting information now and apply in time so that you can receive your April 2025 payment in time.

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