Canadian seniors are set to receive a special $750 OAS payment in May 2025 as part of the government’s enhanced retirement benefits. The Old Age Security (OAS) program provides monthly financial support to eligible seniors, and this additional payment aims to help offset rising living costs. This guide explains who qualifies for the $750 OAS payment, when it will be deposited, and how it differs from regular OAS benefits.
To qualify for the $750 OAS payment, seniors must first meet the standard OAS criteria:
No, if you already receive OAS/GIS, it will be automatically deposited.
Check your MSCA account or call Service Canada at 1-800-277-9914.
No, it’s a separate payment and won’t reduce future GIS amounts.
Yes, beware of calls/texts asking for SIN or banking details. Service Canada never asks for this via email/phone.
Yes, if approved before May 2025, you may qualify.
Only if they meet OAS residency requirements.
The $750 OAS payment in May 2025 provides crucial financial relief for Canadian seniors. Eligible recipients should verify their eligibility, update their banking details, and watch for deposits around late May.
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