CPP And OAS Payments Increase In 2025 – Who’s Eligible For The New $1,364+ Monthly Boost?

CPP And OAS Payments Increase In 2025 – Who’s Eligible For The New $1,364+ Monthly Boost?

In May 2025, Canadians aged 60 and over are seeing a significant increase in retirement pension payments. The Canada Pension Plan (CPP) now offers a maximum monthly benefit of $1,433, while the Old Age Security (OAS) payment for those aged 75 and over has climbed to $800.44/month. Together, this gives eligible retirees a possible combined federal retirement benefit of $2,233.44/month, or over $26,800/year—a welcome improvement … Read more

May 2025 Pension Changes- Updated Payment Rates, Eligibility Rules & Tips To Maximize Your Retirement Benefits

Australia’s pension system is seeing major updates starting May 20, 2025, as part of the government’s commitment to support retirees amid inflation and rising living costs. Key changes include increased Age Pension rates, adjusted eligibility rules, new income and asset thresholds, and targeted cost-of-living payments. Let’s break down all the essential updates, benefit amounts, eligibility rules, and smart ways to get … Read more

1916 Buffalo Nickel Found In Grandpa’s Cigarette Case Now Worth Thousands

A rare 1916 Buffalo Nickel was recently discovered tucked away in a vintage cigarette case belonging to a late grandfather.  This unexpected find has turned out to be a numismatic treasure, potentially worth thousands of dollars.​ The Discovery: A Hidden Treasure While sorting through his grandfather’s belongings, a man stumbled upon an old cigarette case. Inside, he found … Read more

May 2025 OAS Payments- How Much Seniors Will Get, Eligibility, GIS Limits & Tax Rules Explained

As the cost of living continues to rise in Canada, Old Age Security (OAS) remains a crucial source of financial support for seniors. In May 2025, updated payment amounts, eligibility requirements, and tax rules have been confirmed. Whether you’re already receiving benefits or planning to apply, understanding the latest updates ensures you maximize your retirement income. What is … Read more

Centrelink Age Pension Increase In July 2025- Full Breakdown of New Payment Rates And What They Mean For Seniors

Starting July 2025, Centrelink will implement a significant Age Pension increase to support Australian retirees amid rising living costs. This adjustment is designed to reflect changes in the Consumer Price Index (CPI) and the Pensioner and Beneficiary Living Cost Index (PBLCI), ensuring payments better align with inflation and economic conditions. This mid-year boost is outside the usual March and September indexation … Read more

Exit mobile version