As July 2025 approaches, confusion is swirling around a widely shared claim: that Canadian seniors will receive a $1,860 monthly Old Age Security (OAS) payment. This rumor has spread quickly online, prompting questions from retirees and soon-to-be retirees eager for financial clarity.
Let’s break down what’s really happening with OAS in July 2025, what the official benefit amounts are, and where the $1,860 figure may have come from.
What Is Old Age Security (OAS)?
OAS is a monthly payment from the Canadian government for seniors aged 65 and older, funded through general tax revenues—not employment contributions. Eligibility is based on residency rather than work history.
You can receive the full OAS amount if:
- You’re 65+ years old
- You’ve lived in Canada for at least 40 years after age 18
- You meet the income thresholds
What’s the Truth About the $1,860 Claim?
There is no official confirmation of a one-time or monthly $1,860 OAS payment in July 2025.
Actual Maximum Monthly OAS Payments:
| Age Group | Max OAS Monthly (July 2025) |
|---|---|
| 65 to 74 | $727.67 |
| 75 and older | $800.44 |
These amounts include the 1% inflation adjustment applied in July 2025. The government reviews OAS amounts quarterly based on the Consumer Price Index (CPI) to maintain purchasing power.
So, where is the $1,860 number coming from?
Possible Sources of Confusion:
- Combined benefits (OAS + CPP + GIS) for low-income seniors may total near or above $1,800/month.
- Online speculation and social media misinformation are circulating headlines without facts or context.
Is There a One-Time Lump Sum Payment in 2025?
No. There is no government-approved one-time $1,860 OAS bonus or special increase planned for July 2025. The only confirmed change is the inflation-linked boost that increased monthly payments by 1%.
Upcoming OAS Payment Dates
OAS payments are typically issued on the last weekday of the month:
| Month | Payment Date |
|---|---|
| July 2025 | July 31, 2025 |
| August 2025 | August 30, 2025 |
| September 2025 | September 27, 2025 |
Tips to Maximize Your OAS Payments
If you want to receive the maximum allowable OAS:
- Ensure you’ve resided in Canada for 40+ years after age 18.
- Delay your claim—you can defer up to age 70 for a larger monthly payout.
- Stay under the OAS clawback threshold ($90,997 for 2025) to avoid reduced benefits.
- Combine OAS with CPP and GIS (if eligible) for additional income.
FAQs
Is the $1,860 monthly OAS payment real?
No. The maximum OAS is $800.44 for seniors aged 75+, as of July 2025.
When is the next OAS payment?
The next payment is scheduled for July 31, 2025.
Is OAS automatically increased with inflation?
Yes. OAS adjusts quarterly based on CPI to maintain purchasing power.
