OAS (Old Age Security)

OAS (Old Age Security) is a monthly taxable pension available to most Canadians over 65. You can receive OAS regardless of your working status. It is recommended that you apply 6 months before you turn 65, or apply when you receive your OAS application form. Monthly rates range from $500 to $1,100.

To meet the requirements, you must apply to all of the points in either 1 or 2.

Scenario 1:   65 or older, living in Canada and having Citizenship or legal resident status.

Scenario 2:   65 or older, not living in Canada, but must have had Citizenship or Legal Resident Status the day before leaving Canada. Must also have lived in Canada for atleast 10 years after turning 18.

These rules may change and you can verify them at here.
An Application Form can be found here
The current OAS rates can be found here
Visit Us On TwitterVisit Us On FacebookVisit Us On Google Plus