Canada Confirms $2,455 OAS Direct Deposit in June 2025 – Full Details Inside

As Canadian retirees are still coping with the burden of increasing living expenses and inflation, the federal government has assured a $2,455 direct deposit for Old Age Security (OAS) that will be received in June 2025.

It is one way Canada is working to bring economic stability to retirees and elderly individuals who live on fixed incomes. If you meet the requirements, you are unsure, when you get paid, or how the payment is calculated, this article will guide you through all the information you need.

What is OAS (age security)?

Old Age Security (OAS) is a monthly government -funded payment of a monthly government available to Canadian residents who are 65 years and older. Unlike the Canada Pension Plan (CPP), OAS is not related to your work history or contribution, but for your age, place of residence and income.

There is a significant support column in Canada’s pension income system and is often supplemented by guaranteed income grants (GIS) and remuneration for low -income pensioners.

Why $2,455 in June 2025?

The $2,455 is the overall monthly payment that some eligible pensioners can receive, taking into account

• OAS pension (regular)
• GIS payments (if qualified)
• Other benefits, such as allowances or retroactive payments
• Increases tied to inflation through indexation

It is not a one-time lump payment but a recurring OAS payment, possibly with extra top-ups or retro payments if you just recently qualified.

Eligibility for the June 2025 Payment of OAS

In order to qualify for the June 2025 full or partial OAS deposit, you should have the following:

Minimum Requirements:

• Be 65 years or older on or before June 2025.
• Be a Canadian legal resident or citizen.
• Have resided in Canada for 10 years or more since the age of 18.

Complete OAS Pension Eligibility:

• In order to be eligible for the full monthly benefit, you need to have resided in Canada for 40 years or more since becoming age 18.

Partial OAS Pension:

• If you’ve been in Canada for less than 40 years, you can get a partial payment depending on the number of years you’ve lived in Canada.

GIS Add-on Eligibility

• Low-income seniors (those making less than $21,456) can receive GIS, which adds substantially to the overall monthly payment.
• Married couples with incomes below $28,320 can also be eligible for GIS.

When Will the $2,455 Be Credited?

The Government of Canada has stated that OAS payments for June 2025 will be credited on the third-to-last business day of the month. For June 2025, this will likely be

Tuesday, June 26, 2025

All payments will be made via direct deposit to the bank accounts on file with Service Canada. Paper checks may take several extra days to arrive.

How to Check or Apply for OAS

Already Enrolled?

If you’ve previously received OAS, the payment will automatically be deposited to your registered account. No action is required.

Not Yet Receiving OAS?

You may need to apply online or by mail if:

• You turned 65 recently.
• You’re new to Canada.
• You didn’t get an automatic enrollment letter.

You can apply through the My Service Canada Account (MSCA) or by mailing a paper application (ISP-3000 form).

OAS Monthly Amounts Breakdown (as of 2025)

Here’s an estimate of how the $2,455 amount might be broken down:

Benefit Type	Monthly Amount (Approx.)
OAS (age 65–74)	$713.34
OAS (age 75+)	$784.67
GIS (single, low income)	$1,065.47
GIS (couples)	Up to $641.35
Retroactive adjustment	Varies (if applicable)
Total Possible Payment	Up to $2,455

Note: Actual figures differ depending on income level and age.

Is the $2,455 OAS Payment Taxable?

Yes. OAS is taxable income. It has to be reported in your yearly tax return.

For individuals with higher incomes (above $90,997 in 2025), some of the OAS benefit can be recouped through the OAS Recovery Tax.

Seniors will therefore have to keep an eye on their sources of income, particularly when adding pensions, investments, and benefits together.

What to Do If You Don’t Get Your Payment

If you don’t get your anticipated OAS deposit by the end of June 2025:

• Wait 3 business days from the date of payment (particularly for mail delivery).
• Check status online through your My Service Canada Account.
• Call Service Canada directly to help.

How to Make Sure You Get Future OAS Payments

To prevent payment delays or problems:

• Update your banking information.
• Report any address changes to Service Canada.
• Get your taxes filed on time every year.
• Make sure you’ve applied if you weren’t signed up automatically.

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What Seniors Are Saying

Numerous retirees from across Canada have embraced the increase and predictability provided by indexed OAS payments:

• “OAS covers some of my basics, such as my medication and groceries. This sort of monthly allowance is the difference.” – Barbara L., Ottawa
• “I had no idea that I was entitled to the GIS top-up. Service Canada assisted me in filling out the application and I now get almost $2,400 monthly.” – Edward M., Calgary

Final thoughts

The OAS payment of $ 2,455, which comes in June 2025, represents more than just financial assistance – it is recognition of the contribution of Canadian seniors in the country. If you are eligible, this payment can offer stability and relief between the increasing costs of life.

Make sure your information is on, your application is complete, and if you target further GIS support, your income remains within the threshold. Even if you are not eligible for the entire $ 2,455, partial payments can still provide significant help.

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