OAS and GIS 2026: Payment Amounts, Income Thresholds, Clawback, and Dates

For April to June 2026, Old Age Security pays up to $743.05 per month for ages 65 to 74 and $817.36 per month for those 75 and over. Low-income seniors can add the Guaranteed Income Supplement (GIS), worth up to $1,109.85 per month for a single senior. Both are paid by Service Canada on the same day as CPP. All figures here come from the OAS payment amounts and GIS amounts pages on Canada.ca.

2026 OAS and GIS Payment Dates

OAS, GIS, and CPP are deposited together near the end of each month. The confirmed 2026 dates are:

OAS Amounts (April – June 2026)

OAS is reviewed every January, April, July, and October and rises with the Consumer Price Index — it never decreases. The pension is permanently 10% higher from age 75. Unlike CPP, OAS is based on how long you have lived in Canada after age 18 (40 years for a full pension), not on work history.

The OAS Clawback (Recovery Tax)

OAS is taxable and subject to a recovery tax when your net world income is high. You repay 15 cents for every dollar above the threshold.

Per the CRA’s recovery tax example: with 2024 income of $98,000, you are $7,003 over the $90,997 threshold, so the repayment is 15% of that — $1,050.45 for the July 2025 to June 2026 period.

GIS Amounts (April – June 2026)

The Guaranteed Income Supplement is a tax-free monthly top-up for low-income OAS recipients. The maximum depends on marital status and income.

GIS is recalculated every July based on your previous year’s income, so filing your tax return on time is essential — late filing can pause or stop GIS payments.

Related Benefits for Ages 60 to 64

Two OAS-program benefits help younger low-income spouses and survivors before they reach 65:

• Allowance: up to $1,409.72/month for a 60–64-year-old whose spouse receives the GIS (combined income under $41,664).
• Allowance for the Survivor: up to $1,682.15/month for a low-income widowed person aged 60–64 (income under $30,336).

Deferring OAS for a Larger Pension

You can delay OAS for up to five years. Each month deferred adds 0.6%, up to 36% more at age 70, and pushes back the clawback threshold. The trade-off: you cannot collect GIS while deferring, so deferral usually makes sense only for seniors whose income is too high to qualify for GIS anyway.