In April 2025, eligible Canadian seniors can receive up to $3,370 in combined payments from the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). This substantial amount aims to assist seniors in managing the rising cost of living. Payment Breakdown: Benefit Program Age 65–74 Age 75 and over OAS $727.67 … Read more
Canadian seniors aged 65 and above can look forward to their Old Age Security (OAS) payments scheduled for deposit on Thursday, March 27, 2025. These monthly payments provide crucial financial support during retirement. Understanding Old Age Security (OAS) OAS is a government-funded pension program designed to assist seniors with their living expenses. Unlike the Canada Pension Plan … Read more
In 2025, the Australian Government is offering various financial support initiatives to assist seniors in managing the rising cost of living. However, there is no official announcement of a lump sum AU $3,100 Centrelink payment for seniors. Instead, seniors may qualify for several other forms of assistance, including increases in the Age Pension, Cost of … Read more