OAS Payment Dates August 2026: Official Rates, Schedule, and Benefit Guide
August 2026 OAS Payment Date & Direct Deposit Schedule
The official Old Age Security (OAS) payment date for August 2026 is Thursday, August 27, 2026.
- Direct Deposit: Funds are credited automatically to your registered Canadian financial institution on the morning of August 27, 2026.
- Paper Cheque Delivery: Beneficiaries receiving physical cheques via Canada Post should expect delivery within 3 to 5 business days of the official issue date.
Updated Maximum Monthly OAS Benefit Rates (July – September 2026 Quarter)
Old Age Security benefit amounts are reviewed quarterly (January, April, July, and October) to reflect changes in the Consumer Price Index (CPI). Inflation-adjusted rates established for the July – September 2026 quarter apply directly to the August 27, 2026 payout.
| Age Category | Maximum Monthly Benefit | Annualized Maximum Benefit |
|---|---|---|
| Ages 65 to 74 | $751.97 | $9,023.64 |
| Ages 75 and Older | $827.17 | $9,926.04 |
Note: Seniors aged 75 and older receive an automatic, permanent 10% enhancement applied to their base monthly OAS rate starting the month following their 75th birthday.
Related OAS & GIS Monthly Rates for August 2026
In addition to base OAS payments, low-income seniors and surviving spouses receiving the Guaranteed Income Supplement (GIS) or Allowance programs receive adjusted payments on August 27, 2026:
| Program Type | Recipient Marital Status | Maximum Monthly Rate (Q3 2026) |
|---|---|---|
| Guaranteed Income Supplement (GIS) | Single / Divorced / Widowed | $1,086.88 |
| Guaranteed Income Supplement (GIS) | Married / Common-Law (Spouse gets full OAS) | $654.23 |
| Allowance | Spouse of OAS recipient (Ages 60–64) | $1,388.92 |
| Allowance for the Survivor | Surviving Spouse (Ages 60–64) | $1,647.37 |
OAS Recovery Tax (Clawback) Net Income Thresholds for 2026
If your net world income exceeds the minimum threshold established by the Canada Revenue Agency (CRA), your OAS pension is subject to the OAS Pension Recovery Tax (Clawback) at a repayment rate of 15% on income above the threshold.
- Minimum Recovery Threshold (2026 Tax Year): $90,997
- Maximum Income Threshold (Ages 65–74): $148,065
- Maximum Income Threshold (Ages 75+): $153,771
How to Check Your August 2026 Payment Status
- Log in to your My Service Canada Account (MSCA).
- Navigate to the Payments section.
- Review your upcoming direct deposit details for August 27, 2026.
Source: Government of Canada – Old Age Security
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Saving in the wrong registered account can quietly destroy a low-income worker’s retirement setup. Read our guide on TFSA vs RRSP for Low Income Earners: Avoid the GIS Retirement Trap to discover why RRSP withdrawals trigger a hidden 50% benefit clawback—and how shifting to a TFSA protects your Guaranteed Income Supplement benefits. FREE Canadian Dental Care Plan Coverage – Online Application* Please be advised that this site is not affiliated with the pension office.* * * * Most viewed topics * * * *
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