The Old Age Security pension amount for 2026 is increased four times a year; the upcoming increase will be done in OAS Pension Increase October 2026. The amount is increased in January, April, July and October 2026 ; hence, the upcoming update done this month. According to the current reports, the new COLA increase for October 2026 will be 0.7% from October to December 2026 until the new increase in January 2026. Once the payment amount is increased in October 2026 it will be credited on the upcoming payment date directly into the bank accounts of all beneficiaries. No new application process is needed for applicants to take the new increased amount.
From October 2026 onwards there will be a 0.7% increase in the New OAS Amount From October 2026 for all new and existing beneficiaries. Existing beneficiaries need not apply separately for the increased amount; instead, it will be automatically added and credited to the bank accounts of all beneficiaries on the upcoming payment date on October 29, 2026. After the new increase in OAS benefits from October 2026 onwards, the OAS amount for senior citizens between the ages of 65 and 74 will be $740.09. The new amount for senior citizens over the age of 75 will be $814.10 from October 2026. The new amount after the increase will be listed from the official site on the Canada Revenue Agency.
OAS Pension Increase October 2026
In October 2026 the OAS benefits amount under the CRA will be increased by 0.7%. After OAS Pension Increase October 2026, the new amount will be $740.09 for seniors between the ages of 65 and 74 and $814.10 for seniors over the age of 75. Those who are new to the OAS benefits need to apply from the official site of the Canada Revenue Agency along with proof of their identity, income, residency, etc. The new amount for October 2026 is already listed on the official site of the Canada Revenue Agency. Moreover, Canada GST Payment Schedule 2026 is also released and upcoming payment dates are revealed.
CRA Old Age Security Increase In October 2026
| About | CRA Old Age Security Increase In October 2026 |
| Country | Canada |
| Authority | Canada Revenue Agency |
| Category | Finance |
| Year | 2026 |
| Name of the payments | Old Age Security 2026 |
| Eligibility | Low-income residents of Canada, over the age of 65, residents over 10 years |
| Upcoming payments date | October 29, 2026 |
| Raise In OAS Benefits | 0.7% |
| New OAS Amount for October 2026 | $740.09 and $814.10 |
| More information | Official site of the CRA |
How To Claim OAS Benefits With A 0.7% Increase
- All existing senior citizens taking OAS benefits in 2026 are automatically eligible for October 2026.
- Those who are new to the payments verify the eligibility criteria from the official site of the Canada Revenue Agency.
- Visit the official site of the CRA and log in to your MSCA; locate the application form for OAS.
- Fill the application form with accuracy and attach it to your personal documents for verification.
CRA OAS Benefit Eligibility Criteria 2026
- Those who are already taking the OAS benefits in Canada for 2026 are automatically eligible.
- New applicants must be legal citizens of Canada and residents for over 10 years after the age of 18.
- You should be over the age of 65 while applying for the benefits.
- All applicants must be low on income under a certain threshold to qualify.
Old Age Security Payment Dates October 2026
| Month | Old Age Security Payment Dates October 2026 |
| October 2026 | 29th |
| November 2026 | 26th |
| December 2026 | 22nd |
New OAS Amount From October 2026
| between the age of 65 and 74 | $740.09 |
| Over the age of 75 | $814.10 |
Disclaimer: OAS Pension Increase October 2026
The new increase in OAS benefits from October 2026 will be 0.7%. The new amount will be updated on the official site of the Canada Revenue Agency once the amount is officially released. All applicants and existing beneficiaries are advised to gather all information from the official site of the CRA and not to fully rely on any third-party source of information until it is completely verified.
FAQs On OAS Pension Increase October 2026
What is the new increase in the amount of OAS benefits for October 2026?
The new increase in amount of OAS benefits for 2026 October is 0.7%
What is the maximum new amount of OAS benefits for 2026?
The new amount of OAS benefits from October 2026 will be $814.10.
What is the upcoming payment date for OAS benefits?
The upcoming OAS benefits will be released on October 29, 2026.
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