What changed
Employment and Social Development Canada has updated the Old Age Security payment amounts page, replacing the maximum monthly payment amounts and income thresholds for the July to September 2026 quarter with those for the October to December 2026 quarter.
Compared with the previous quarter, the maximum monthly payment amounts and income thresholds have increased. The page states that OAS benefits increased by 1.4% based on the Consumer Price Index (CPI), for an increase of 3.0% over the past year, from October 2025 to October 2026.
Specifically, the maximum monthly Old Age Security pension for ages 65 to 74 changed from $751.97 to $762.50, and for ages 75 and over from $827.17 to $838.75. The maximum monthly Guaranteed Income Supplement (GIS) for a single, widowed or divorced person changed from $1,123.17 to $1,138.90, with the income threshold changing from $22,800 to $23,112. The maximum monthly Allowance changed from $1,428.06 to $1,448.06, with the combined couple income threshold changing from $42,144 to $42,768. The maximum monthly Allowance for the Survivor is now $1,726.18, with an income threshold of $31,152.
The page also states that the Old Age Security pension is taxable income and is subject to a recovery tax if individual net annual income is higher than the net world income threshold set for the year ($93,454 for 2025). Payment amounts for the Guaranteed Income Supplement, the Allowance and the Allowance for the Survivor are not considered taxable income.
What the official text says
> Based on changes in the Consumer Price Index (CPI), OAS benefits increased by 1.4% for the October to December 2026 quarter, for an increase of 3.0% over the past year, from October 2025 to October 2026.
Who is affected
Seniors receiving or about to receive the Old Age Security pension, Guaranteed Income Supplement, Allowance or Allowance for the Survivor, as well as their children and family members who help manage household finances.
This includes: people aged 65 and over receiving the Old Age Security pension; people aged 75 and over receiving the increased Old Age Security pension; people with income below the relevant thresholds who receive or may be eligible for the Guaranteed Income Supplement; Allowance recipients aged 60 to 64 whose spouse or common-law partner receives the Guaranteed Income Supplement; and Allowance for the Survivor recipients aged 60 to 64.
When it starts
The amounts published apply to the October to December 2026 quarter. The official page does not state a specific effective date for this quarter's amounts, but the page title and text both indicate "October to December 2026."
Official source
https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/payments.html
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