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When do CPP and OAS pension payment increases happen around your birthday? - MoneySense

Summary by MoneySense
Ask a Planner When do I receive the 10% increase? I turned 75 years old on May 15th, and my pension remained the same value on May 28th. –Luis Happy 75th birthday, Luis. I will explain why your Old Age Security (OAS) pension did not increase despite your birthday and what you can expect to happen next. OAS increase at age 75 In July 2022, there was a change made to OAS so that pensioners 75 and older receive a 10% increase in their pension payme…
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MoneySense broke the news in on Monday, June 9, 2025.
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