Old Age Security Pension July 2024: The government of Canada provides Old Age Security Pension to the eligible beneficiaries of Canada. The benefit amount is provided to beneficiaries who fall under the category of senior citizens, i.e., people whose age is 65 years old or older. The official provides the payment monthly. So, the officials will now make the payment for Old Age Security Pension in July 2024. The Old Age Security is essential for beneficiaries as most of them are dependent on the OAS Benefit Amount.
Scroll down the following article and learn details like 65+ Years old will receive $713.34 on this date, Canada OAS Pension Eligibility, Status and more.
Old Age Security Pension July 2024
Service Canada will automatically enrol the same person for the OAS program if sufficient information regarding the candidates is available. The same enrollment details will be informed to the beneficiaries through available contact details. In some cases, individuals might not get the letter of enrollment in OAS after they turn 64 years old. So, these individuals will have to apply to get the benefits of the $713.34 Old Age Security Pension.
The OAS application form is available on the official website of the Government of Canada. Individuals who are eager to know the date on which the officials will make the payment can check it as the whole 2024 payment dates table is available below.
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Canada OAS Pension Eligibility Criteria
The following section includes information regarding the eligibility criteria which must be fulfilled by readers to become eligible for the program. Below is the table elaborating on the detailed required eligibility conditions:
| For People Living in Canada | 1. Individuals must be at least 65 years old or older 2. Applicants should be citizens of Canada or legal residents at the time the OAS pension application is approved. 3. Candidates must have resided in Canada for at least 10 years since the age of 18. |
| For People Living Outside Canada | 1. Applicants should be at least 65 years old or older. 2. Candidates should be Canadian citizens or legal residents of Canada on the day before they leave Canada. 3. Candidates should reside in Canada for at least 20 years since the age of 18. |
| Canadians working outside Canada for Canadian employers | 1. Applicants must have returned to Canada within 6 months of completion of the employment. 2. Applicants who turned 65 years old while still employed and maintained a residence in Canada during their time outside of Canada. |
Old Age Security Pension Payment Dates
In the following paragraph, we have prepared a table showing payment dates for the 2024 tax year. The concerned authority will send the payment for July 2024 on 29th July 2024. The following is the table showing month-wise CAD 713.34 OAS Pension payment dates:
| Months | Payment Dates |
| January | January 29, 2024 |
| February | February 27, 2024 |
| March | March 26, 2024 |
| April | April 26, 2024 |
| May | May 29, 2024 |
| June | June 26, 2024 |
| July | July 29, 2024 |
| August | August 28, 2024 |
| September | September 25, 2024 |
| October | October 29, 2024 |
| November | November 27, 2024 |
| December | December 20, 2024 |
CAD 713.34 OAS Pension Payment Amount
The authority will provide the payment to eligible beneficiaries. The officials have mentioned the payment amount which will be provided to beneficiaries on the official portal of the government of Canada. The payment amount mentioned in this paragraph is applicable till July 2024.
New updates holding changes in amount will come into effect from July 2024. The following is the table showing Old Age Security Pension (OAS) amounts – from April to July 2024:
| Age | Maximum monthly payment amount | To receive the OAS your annual net world income in 2022 must be |
| 65 to 74 | $713.34 | Less than $134,626 |
| 75 and over | $784.67 | Less than $137,331 |
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Frequently Asked Questions
When will the officials release the first payment of the Old Age Security Pension Amount?
The authority provides the first payment of Old Age Security Pension either on the month after the applicant turns 65 or the specific date that the applicants have chosen.
If I do not receive the automatic enrollment letter on time, how can I apply for the Old Age Security Pension Benefits?
Individuals who have ensured the required eligibility criteria can apply for the OAS benefits online. It is available on the login dashboard of the Government of Canada Portal.