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Old Age Security (OAS) Payment Rates

October - December 2007

The following chart shows the maximum and average monthly rates for Old Age Security (OAS), Guaranteed Income Supplement and the Allowance, as well as the maximum annual income to be eligible for these benefits.

For detailed monthly rates, please refer to the Tables of Rates for Old Age Security, Guaranteed Income Supplement and the Allowance.

Old Age Security benefit rates are reviewed in January, April, July and October to reflect increases in the cost of living as measured by the Consumer Price Index.

The term "spouse" includes a common-law partner.

Pensioners are not eligible for benefits if their income, or the combined income of them and their spouse, is more than the maximum income shown on the chart.

The Allowance stops being paid at $28,176 while the GIS stops being paid at $36,528.

Old Age Security Benefit Payment Rates
October - December 2007
Type of
Benefit		 Recipient Average monthly benefit
(July 2007)		 Maximum Monthly
Benefit		 Maximum
Annual
Income
Old Age
Security Pension		 All recipients $472.12 $502.31 See note
Guaranteed
Income
Supplement		 Single person $429.32 $634.02 $15,240
  Spouse of pensioner $267.07 $418.69 $20,112
Spouse of non-pensioner $415.89 $634.02 $36,528
Spouse of Allowance recipient $348.58 $418.69 $36,528
Allowance All recipients $363.07 $921.00 $28,176
Allowance for the survivor All recipients $555.63 $1,020.91 $20,520

Note - Pensioners with an individual net income above $63,511 must repay part or all of the maximum Old Age Security pension amount. The repayment amounts are normally deducted from their monthly payments before they are issued. The full OAS pension is eliminated when a pensioner's net income is $103,191 or above.

More information:

OAS Main Menu

Date Modified: 2007-09-28

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Important Notices