Subscribe to our Newsletter Subscribe to our Magazine
announcement-microphone-speaking-news

Human Resources and Skills Development Canada has announced the quarterly benefit rates for old age security (OAS) will rise by 0.5% to $526.85, effective April to June 2011. Since July 2010, OAS benefits will have increased by 1.9%.

Payments under the guaranteed income supplement (GIS) and the allowances will also increase by 0.5%.

MAXIMUM OLD AGE SECURITY BENEFIT RATES AS OF APRIL 1, 2011

Type of OAS benefit Max monthly benefit rates April to June 2011 Previous quarter January to March 2011
Basic OAS pension $526.85 $524.23
GIS
Single $665 $661.69
Spouse/Common-law partner of
a non-pensioner $665 $661.69
a pensioner $439.13 $436.95
an allowance recipient $439.13 $436.95
The allowances
regular $965.98 $961.18
survivor $1,070.78 $1,065.45

© Copyright 2014 Rogers Publishing Ltd. Originally published on benefitscanada.com