Old Age Security (OAS) payments are made once per month by the Government of Canada to eligible seniors aged 65 and older. Payments arrive on the third-to-last business day of each month. Knowing your exact OAS payment dates helps you plan your budget, schedule bill payments, and avoid overdraft fees.
| Month | Payment Date | Notes |
|---|---|---|
| January 2026 | January 29, 2026 | Q1 CPI adjustment |
| February 2026 | February 26, 2026 | Shorter month |
| March 2026 | March 27, 2026 | Standard |
| April 2026 | April 28, 2026 | Q2 CPI adjustment |
| May 2026 | May 28, 2026 | Standard |
| June 2026 | June 26, 2026 | Standard |
| July 2026 | July 29, 2026 | Q3 CPI adjustment |
| August 2026 | August 27, 2026 | Standard |
| September 2026 | September 28, 2026 | Q4 CPI adjustment |
| October 2026 | October 29, 2026 | Standard |
| November 2026 | November 26, 2026 | Standard |
| December 2026 | December 22, 2026 | Early — holiday schedule |
Direct deposit is the fastest and safest delivery method. To set up, log in to My Service Canada Account at canada.ca or call 1-800-277-9914. Paper cheques arrive 3–5 business days after the payment date. Always use direct deposit into a no-fee account like KOHO, Simplii, or EQ Bank to avoid fees eating into your benefit.
| Age Group | Monthly OAS (approx.) | Annual Total |
|---|---|---|
| 65–74 | ~$700.18 | ~$8,402 |
| 75+ | ~$770.19 | ~$9,242 |
The Guaranteed Income Supplement (GIS) — up to ~$1,065/month for single seniors — is paid on the same dates as OAS. GIS is tax-free income and does not affect your net income for the OAS clawback calculation. To qualify, you must file taxes annually. See our GIS guide for full eligibility rules.
You can delay OAS from age 65 up to age 70. Each month of deferral increases your payment by 0.6% (7.2% per year). Deferring the full 5 years to age 70 results in a 36% higher benefit — roughly $952/month vs. $700/month. This is a strong strategy if you have other income sources and expect to live past your late 70s.
If your net income exceeds ~$90,997 in 2026, your OAS is reduced by 15 cents per dollar. OAS is fully clawed back at approximately $148,000 net income. Use our OAS clawback calculator to estimate your recovery tax.
If no deposit appears within 5 business days of the payment date, contact Service Canada: 1-800-277-9914 (TTY: 1-800-255-4786). Have your SIN and date of birth ready. Paper cheque delays are common in December — switch to direct deposit before November if possible.
KOHO offers free banking with no monthly fees — perfect for fixed-income seniors who want to keep more of their OAS and CPP. Easy to use on mobile or desktop.
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