OAS rose 1.2% for July–September 2026 — here's what it means

Old Age Security is indexed to inflation and reviewed every quarter. For the July to September 2026 quarter, OAS rose about 1.2%. Small in percentage terms, but it is permanent and compounds with future adjustments.

The new maximum monthly amounts

• Ages 65–74: about $751.97/month
• Ages 75 and over: about $827.17/month (OAS is 10% higher from age 75)

These are maximums for someone with 40 years of Canadian residency after age 18. With fewer years you receive a prorated amount (years ÷ 40, with a 10-year minimum to receive OAS while resident in Canada).

What the increase is actually worth

A 1.2% bump on the 65–74 maximum is roughly $9 more per month, or about $108 over a year — and because GIS, the Allowance, and the Allowance for the Survivor are reviewed on the same schedule, low-income seniors see their top-ups adjust too.

The quarterly indexing matters more over time than in any single quarter: it protects the purchasing power of OAS across a retirement that can last 30 years.

Watch the clawback line

A larger OAS also means slightly more benefit exposed to the OAS recovery tax if your income is high. For 2026 the clawback starts at about $95,323 of net income. If you are anywhere near that, see our OAS clawback guide for the levers that reduce it.

See your own numbers

Enter your details in the free CPP / OAS calculator to estimate your OAS (including residency proration and clawback), or read the full OAS payment amounts and dates for the current quarter.

Not financial advice. OAS amounts change quarterly — always confirm the current figure with Service Canada.