how much will my old age pension be canada
Employment and Social Development Canada announced today the quarterly amounts for Old Age Security (OAS) benefits for October to December 2014. OAS benefits, which consist of the basic OAS pension, the Guaranteed Income Supplement (GIS) and the Allowances, will increase by 0.9 percent.The maximum basic OAS pension paid to people 65 years of age and older will increase by $5.03âfrom $558.71 to $563.74 per monthâstarting on October 1, 2014.AS benefits, which consist of the basic OAS pension, the Guaranteed Income Supplement (GIS) and the Allowances, will increase by 0.9 percent. The maximum basic OAS pension paid to people 65 years of age and older will increase by $5.03âfrom $558.71 to $563.74 per monthâstarting on October 1, 2014.