Old Age Security

The Old Age Security program is the Government of Canada's largest pension program. It is funded out of the general revenues of the Government of Canada, which means that you do not pay into it directly.

Old Age Security pension

The Old Age Security (OAS) pension is a monthly payment available to most Canadians 65 years of age who meet the Canadian legal status and residence requirements. You must apply to receive it.

In addition to the Old Age Security pension, there are three types of Old Age Security benefits:

  • Guaranteed Income Supplement
    If you live in Canada and you have a low income, this monthly non-taxable benefit can be added to your OAS pension.
  • Allowance
    If you are 60 to 64 years of age and your spouse or common-law partner is receiving the Old Age Security pension and is eligible for the Guaranteed Income Supplement, you might be eligible to receive this benefit.
  • Allowance for the Survivor
    If you are 60 to 64 years of age and you are widowed, you might be eligible to receive this benefit.