OAS Payment Date January 2024 – Pension Amount, Eligibility Link

The OAS Payment Date January 2024 has been released. The OAS Payments are provided on the third last day of each month. The Old Age Security Payment 2024 has been increased to $68500 which will be provided from 1 January 2024 onwards. The individuals shall check the Canada OAS Eligibility 2024 to know if they could get the payment or not. People often wonder when they will get the canada.ca Old Age Security Pension 2024. So in this article we have provided all the details regarding the payment under the Old Age Security program which is for the benefit of the old aged people.

OAS Payment Date January 2024

OAS Payment Date January 2024

The Canadian Government has been providing the livelihood to the people of the age above 65 years and one such program is the Old Age Security payment where the financial requirements of the individuals are being met. The citizens of Canada of the age above 65 years are eligible for the payment under the canada.ca Old Age Security Pension Increase 2024. The individuals are automatically enrolled to this pension plan and in case they are not automatically enrolled, they will be informed regarding the same and they have to follow the procedure for the application.

The Old Age Security Payment 2024 has now been increased from $66500 to $68500 and the OAS Payment Increase 2024 will be provided from 1 January 2024 onwards. The CPP and OAS are both determined by the Consumer Price Index. Now the citizens will get the payment on the monthly basis only if they are eligible. The payment will be provided whether the individual has been employed or not. The payment for the month of January 2024 will be credited on 29 January 2024 as the Canada OAS Payment Date January 2024 is the third last day of each month.

To get the benefit under the OAS, one has to make at least one contribution to the CPP and the payment will be transferred directly to the individuals. One has to refer to the complete article to get the details on the payment for the month of January 2024.

canada.ca Old Age Security Pension 2024

Agency Canada Revenue Agency 
Program name Old Age Security pension 
Article name OAS Payment Date January 2024
Age limit 65 and above 
Canada OAS Payment Date January 202429 January 2024
Payment frequency Monthly 
OAS Payment Amount January 2024$68500
Payment schedule Third last day of each month 
Objective of payment To provide financial aid to individuals 
Payment mode Bank transfer 
Post type Finance
Website canada.ca
The individuals of Canada who are of age above 65 years are eligible for the payment under the Old Age Security. The OAS Payment Date January 2024 is 29 January 2024 and one has to refer to the article below to get the details on the OAS Payment Amount January 2024 and date.

Old Age Security Payment Date January 2024

  • The OAS Payment is provided to the ones who are of age above 65 years and have made the contribution to CPP.
  • The OAS Payment Date January 2024 is 29 January 2024 which is the third last day of the month.
  • The monthly payment will be credited directly to your bank account and the OAS Payment Increase 2024 from CAD 66500 to CAD 68500.
  • The financial security will help the individuals to earn their livelihood whether or not they have been employed.
  • The OAS Payment Amount January 2024 for the beneficiaries will range from $691 to $760 and the payment amount has been mentioned in the post below.

Canada OAS Eligibility 2024

  • You can get the OAS Payment if you are working or have worked.
  • The age of individual shall be  years or more than it
  • The individual has to be the Canadian Citizen at the time of approval of the application.
  • You should have lived in Canada for at least 10 years since the age you were 18 years. 
  • If you have been living outside Canada, you have to be of age above 65 years.
  • You have been a citizen of Canada on the day you have left Canada.

Old Age Security Application 2024

If you are not getting the enrollment automatically, you will have to apply for the same through the website.

  • First decide if you want to apply for not.
  • Decide from when you want the OAS payment to start. 
  • Submit your application through My Service Canada Account
  • Review your application status using your application details.
  • In case you disagree with the decision, you may be asked to review your decision.
  • The request can be done through online mode, in writing or in printable form.

canada.ca Old Age Security Pension 2024 Amount

The given table will provide the details on the maximum payment for each benefit. Check the table below to get the details on the OAS Payment Amount January 2024 which will be provided directly to the Bank account.

Situation Net income Maximum monthly payment 
Age from 65 to 74Less than $142609Up to $707.68
Age of 75 and above Less than $148179Up to $778.45

OAS Payment Increase 2024

The OAS Payment Amount January 2024 will be increased from CAD 66500 to CAD 68500. The rate of employers will be 5.95% and for the employees the rate will be 11.9% The rate of the self-employed will not change at all and the additional benefit of 4% will be provided to the employer and employees. The yearly maximum benefit will be up to $68500.

Old Age Security Payment 2024 Date

Refer to the table below to get the updates on the OAS Payment Date 2024.

Month Canada OAS Payment Date January 2024
January 2024January 29, 2024
February 2024February 27, 2024
March 2024March 26, 2024
April 2024April 26, 2024
May 2024May 29, 2024
June 2024June 26, 2024
July 2024July 29, 2024
August 2024August 28, 2024
September 2024September 25, 2024
October 2024October 29, 2024
November 2024November 27, 2024
December 2024December 20, 2024

The payment will be provided on the third last day of each month and in case the payment date is a holiday, one will get the payment a day earlier to the Canada OAS Payment Date January 2024.

canada.ca Old Age Security Pension 2024 Links

Old Age Security Payment Date January 2024Old Age Security

Frequently Asked Questions on OAS Payment Date January 2024

What is the OAS Payment Date January 2024?

The Old Age Security Payment Date January 2024 is 29-01-2024.

What is the Canada OAS Eligibility 2024?

The OAS Canada Eligibility 2024 is the citizens above the age of 65 years and the citizen of Canada.

How much is the canada.ca Old Age Security Pension 2024 Amount?

The OAS Canada Amount 2024 is up to $707.68.

What is the Old Age Security Payment Date January 2024?

The Canada OAS Payment Date January 2024 is the third last day of each month.

From where can one get the details on OAS Payment Schedule 2024?

The individuals can check the details on the OAS Payment Date January 2024 through the website canada.ca.

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