Many Canadian seniors have been hearing rumors about three new payments—$2,800, $1,850, and $960—set to be issued in February 2025.
With inflation and rising living costs, financial assistance is a major concern for retirees who rely on government benefits like Old Age Security (OAS), Guaranteed Income Supplement (GIS), and the Canada Pension Plan (CPP).
But are these payments real? This article fact-checks the claims, explains the latest government-approved pension increases, and outlines eligibility criteria for seniors looking to maximize their benefits.
Triple $2,800, $1,850 & $960 Payments
Despite widespread reports, the Canadian government has not confirmed any lump-sum payments of $2,800, $1,850, or $960 for seniors in February 2025. However, OAS, GIS, and CPP benefits are set to increase due to cost-of-living adjustments (COLA) and planned pension enhancements.
Here’s a breakdown of what’s actually happening:
| Claimed Payments | Government Confirmation |
|---|---|
| $2,800, $1,850, $960 in February 2025 | No official announcement |
| OAS & GIS increases | Confirmed for 2025 |
| CPP enhancements | Confirmed for 2025 |
Seniors should always refer to Canada.ca or Service Canada for official updates.
Increases
OAS and GIS Increases in 2025
OAS and GIS payments are adjusted quarterly to reflect inflation. In 2025, the government has confirmed:
- A 2.5% increase in OAS payments due to COLA.
- Seniors aged 75+ continue to receive a 10% boost in OAS.
- The GIS maximum payment for low-income seniors is also set to increase.
The exact payment amounts depend on income levels and residency status. Seniors can check the latest figures on the Government of Canada’s OAS page.
CPP Enhancements for 2025
The Canada Pension Plan (CPP) is also increasing due to ongoing enhancements aimed at improving retirement income for future beneficiaries.
- The maximum CPP monthly retirement benefit for new retirees could reach $1,364.60 in 2025.
- Seniors who contributed the maximum amount throughout their careers may receive up to $2,800 per month in retirement benefits.
- CPP disability and survivor benefits will also see an increase.
Seniors can check their CPP entitlement on the Canada Pension Plan website.
Eligibility
OAS Eligibility
- Must be 65 years or older.
- Must have lived in Canada for at least 10 years after turning 18.
- Payments are reduced if annual income exceeds $90,997 (2025 threshold).
GIS Eligibility
- Must receive OAS.
- Annual income must be below $21,624 (for single seniors).
- Different income thresholds apply for married/common-law couples.
CPP Eligibility
- Must have made at least one valid contribution to CPP.
- Can start receiving payments at 60 (with reductions) or delay until 70 for higher payments.
Applications
How to Apply for OAS and GIS
- Apply for OAS online via My Service Canada Account.
- GIS applications must be submitted separately if not automatically enrolled.
How to Apply for CPP
- Apply online or by mail through Service Canada.
- Processing takes up to 120 days, so applying early is recommended.
For full details, visit the Government of Canada’s pension services.
Support
Additional Financial Support for Seniors
Seniors can also access provincial supplements, housing benefits, and tax credits to boost their income.
1. Canada Housing Benefits for Seniors
- Low-income seniors may qualify for rental assistance in their province.
- Visit Canada Mortgage and Housing Corporation (CMHC) for details.
2. Provincial Senior Benefits
Some provinces offer additional income supplements, such as:
| Province | Senior Benefit |
|---|---|
| Ontario | GAINS (Guaranteed Annual Income System) |
| Alberta | Seniors Benefit |
| British Columbia | Senior’s Supplement |
Check your provincial government website for eligibility.
3. Tax Credits for Seniors
Seniors may also qualify for tax credits to reduce their tax burden, including:
- Age Amount Tax Credit (for those over 65).
- Pension Income Tax Credit.
- Medical Expenses Tax Credit.
More details are available on the Canada Revenue Agency (CRA) website.
While claims of $2,800, $1,850, and $960 payments in February 2025 are unverified, Canadian seniors can still benefit from confirmed OAS, GIS, and CPP increases. To stay informed, always check official sources like Canada.ca and Service Canada.
