June 2025 CPP and OAS Payment Update: Increases of Up to $300 for Seniors

Описание: In June 2025, important updates are being introduced to Canada's senior benefits programs, including the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). These changes reflect inflation adjustments and policy enhancements designed to support financial stability for seniors.

In this video, we break down:

The 2.6% CPP increase and how it affects monthly payments

Upcoming enhancements to the CPP for higher contributors

OAS payment increases in May and July 2025

Updated OAS clawback thresholds for higher earners

GIS payment updates for low-income seniors

A possible—but unconfirmed—$1,200 one-time payment for April 2025

Make sure your information with Service Canada is current and accurate to receive all eligible benefits. Share this video with others who may benefit from these updates.

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Disclaimer: This video is for informational purposes only. It is not financial or legal advice. For personalized guidance, please consult Service Canada or a licensed financial advisor. All information is accurate as of the time of recording and may be subject to change.