OAS Payment Dates 2026

Old Age Security is deposited 12 times in 2026: Jan 28, Feb 25, Mar 27, Apr 28, May 27, Jun 26, Jul 29, Aug 27, Sep 25, Oct 28, Nov 26, Dec 22. The same dates cover the OAS pension itself, the Guaranteed Income Supplement, the Allowance, and the Allowance for the Survivor.

For Q3 2026 (Jul–Sep 2026) the maximum is $751.97 a month if you are 65 to 74, and $827.17 if you are 75 or older — the 75+ rate has been permanently higher since 2022. These are quarterly figures: OAS is re-indexed to the Consumer Price Index every January, April, July, October, so the amount can change up to four times across the payment dates above.

Because OAS is indexed quarterly, not annually. Every January, April, July, October payment can carry a cost-of-living increase, and by law the pension is never reduced when prices fall. CPP, by contrast, is reset once a year in January — which is why two payments arriving on the same day can move on different schedules.

Yes. Service Canada runs both programs on one payment cycle, so all 12 2026 dates are shared with the Canada Pension Plan. Receiving both usually means a single combined deposit rather than two separate ones.

The OAS recovery tax starts once net world income passes $95,323 for 2026, taking back 15% of every dollar above it. The pension is fully recovered at about $152,062 for ages 65 to 74, or $157,923 for ages 75 and over. The clawback is collected as a monthly reduction to your payment, not as a bill at filing time.

No — the Guaranteed Income Supplement is paid with your OAS on the dates above, as one deposit. GIS is income-tested and non-taxable: for Q3 2026 (Jul–Sep 2026) a single senior can receive up to $1,123.17 a month, phasing out by roughly $22,800 of income excluding OAS.

Only if you ask, or if the recovery tax applies. OAS is taxable income but Service Canada does not deduct tax by default, so you can request voluntary withholding through My Service Canada Account. If your income triggers the recovery tax, that portion is withheld automatically from each monthly payment.

Deferring past 65 raises the pension by 0.6% for each month you wait, to a maximum of 36% at age 70. The payment dates are identical either way — only the amount differs. Our start-age calculator compares the crossover point.