Skip to content

What Changed in OAS for 2026

OAS Q1 2026 max: $742.31 (65-74), $816.54 (75+). 2026 income-year clawback threshold $95,323. Full clawback ceiling $154,753 (65-74), $160,696 (75+) estimated.

Reviewed by Canadian Money Help Editorial Updated April 25, 2026 Source ESDC 2026

Old Age Security saw four meaningful changes for 2026: the Q1 2026 maximum monthly amount rose to $742.31 (age 65-74) and $816.54 (age 75 and over), the OAS recovery tax (clawback) threshold for the 2026 income year rose to $95,323, and the full clawback ceiling for ages 65-74 rose to $154,753 (estimated until October 2026 finalization).

Changes at a glance

Item Late 2025 Q1 2026
Max monthly OAS (65-74) $727.67 $742.31
Max monthly OAS (75+) $800.44 $816.54
2025 income year clawback threshold $93,454 (unchanged)
2026 income year clawback threshold n/a (announced for 2026) $95,323
2026 income year full clawback (65-74) n/a $154,753 estimate
2026 income year full clawback (75+) n/a $160,696 estimate

How the income-year alignment works

OAS clawback uses the prior calendar year’s net world income to determine the recovery tax for the upcoming benefit period (July through June). The 2026 income-year threshold ($95,323) determines OAS payments from July 2027 to June 2028. For OAS being paid right now in 2026, the relevant threshold is either the 2024 or 2025 income-year value depending on the period.

What did not change

The 15% recovery tax rate is unchanged. The deferral bonus (0.6% per month past age 65, max 36% at 70) is unchanged. The 75-plus 10% bonus is unchanged. Eligibility rules (minimum 10 years of Canadian residency for partial OAS, 40 years for full OAS) are unchanged.

Related Canadian Money Help content

Frequently asked questions

What is the Q1 2026 maximum OAS?
$742.31/month for ages 65-74 and $816.54/month for ages 75 and over. Indexed quarterly.
What is the 2026 OAS clawback threshold?
$95,323 for the 2026 income year. This determines OAS payments from July 2027 to June 2028.
Did the OAS recovery tax rate change?
No. The recovery tax is still 15% of net world income above the annual threshold.
Did the 75-plus bonus change?
No. OAS recipients aged 75 and over still receive an automatic 10% increase in their monthly amount.
What clawback threshold applies to OAS being paid right now?
It depends on the period. OAS for July 2025-June 2026 uses the 2024 income-year threshold ($90,997). OAS for July 2026-June 2027 will use the 2025 income-year threshold ($93,454).