Seniors
Federal
Paid monthly
Old Age Security
Worth up to
$8,560/year
What is it?
A monthly pension available to most Canadians aged 65 and older. You don't need to have worked to qualify — it's based on how long you've lived in Canada.
Up to $713.34/month ($8,560/year) at age 65
Who is it for?
- Must be 65+ years old
- Must be a senior
- Must file an income tax return
How to Apply
- 1Service Canada may enroll you automatically at 64
- 2If not, apply 6 months before turning 65
- 3Apply online, by mail, or in person
- 4You can defer to age 70 for 36% higher payments
Documents You May Need
Proof of age
Proof of Canadian citizenship or residency
SIN
Banking information for direct deposit
Related Benefits
$7,787
Canada Child Benefit
A tax-free monthly payment to help eligible families with the cost of raising children under 18 years of age.
$2,000
Canada Learning Bond
Free money from the Government of Canada to help pay for education after high school. No contributions required — just open an RESP.
$7,200
Canada Education Savings Grant
The government matches 20% of what you contribute to your child's RESP, up to $500 per year. Low and middle-income families may qualify for additional amounts.