Are you curious about how much the old age pension is in Canada per month? The Old Age Security (OAS) pension is a benefit paid to most Canadians who are 65 years of age or older and meet specific residency requirements.

The amount you receive depends on how long you have lived in Canada after the age of 18. To qualify for the maximum OAS pension amount, you must have lived in Canada for at least 40 years after turning 18.

For the latest information on OAS pension amounts, you can visit the official Government of Canada website. As of July to September 2021, the maximum monthly OAS pension amount is $615.37 per month.

Additionally, if you have a low income, you may be eligible for the Guaranteed Income Supplement (GIS), which is a monthly non-taxable benefit for OAS pension recipients with low income.

The GIS amount you receive depends on your marital status and income level. For singles, the maximum GIS amount is $916.38 per month, while for couples, the maximum is $573.75 per month per person.

To apply for the OAS pension and GIS, you can do so online through the Government of Canada website or by filling out a paper application form and mailing it to the designated address.

It is important to note that the OAS pension and GIS amounts may change quarterly based on the Consumer Price Index and other factors. By staying up-to-date on the latest information, you can ensure you receive the benefits you are entitled to.