Big pension increases for seniors across Canada in 2025 will be as a result of the changes in the Old Age; Canada Pension Plan; Guaranteed Income Supplement payments. Benefits are likely to assist seniors in cushioning the cost of living and provide an up-scaled financial security level. Here’s a close look at the new payment … Read more
The OAS pension is an old-age government payment intended to provide for a monthly stipend to sustain an aging person financially during retirement. Unlike the Canada Pension Plan (CPP), which applies offsets to monthly payments against work history or contributions, this program is more broad-reaching available to all qualifying seniors in Canada, whether they have … Read more
OAS payment dates January 2025 : The Old Age Security program is one of the world’s most robust pillars in a country for a pension system, where seniors are provided with financial assistance during retirement. As of January 2025, the OAS benefit will reach up to $978 per month for eligible Canadians. Here is everything … Read more