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Old Age Security Pension And Guaranteed Income Supplement To Increase On July 1

Ottawa – Single seniors who have little or no income other than the Old Age Security (OAS) pension will have a few more dollars in their wallet.

As a result of quarterly indexation, on July 1, 2019, the maximum OAS pension amount will increase to $607.46, and the maximum Guaranteed Income Supplement (GIS) amount will increase to $907.30 for single seniors and to $546.17 for each member of a couple. The most vulnerable single seniors will have received, by the end of 2019, $2,097 more in OAS/GIS benefits compared to what they would have received in 2015.

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