OAS and GIS Increase What Seniors Need to Know About Their 2026 Pension

Описание: Are you a Canadian senior receiving Old Age Security or the Guaranteed Income Supplement? There's important news about your 2026 pension benefits. The federal government has officially confirmed the inflation adjustment for OAS and GIS, and starting January 2026, millions of Canadian seniors will see an increase in their monthly payments. In this detailed update, we explain exactly how much your benefits will increase, when the higher payments begin, who qualifies, and what you need to do to ensure you receive every dollar you're entitled to.
🇨🇦 What You'll Learn in This Video:
✅ Official 2026 inflation adjustment percentage for OAS and GIS
✅ Exact dollar amounts – how much your monthly payment will increase
✅ When the January 2026 increase will appear in your bank account
✅ Enhanced OAS for seniors age 75+ and how the increase applies
✅ Maximum OAS and GIS payment amounts for 2026
✅ How the increase affects singles vs. married couples
✅ Real-life examples showing monthly and annual benefit increases
✅ How OAS is taxed vs. GIS (non-taxable benefit)
YouTube Chapters
00:00 Introduction – 2026 OAS & GIS Increase Announced 01:25 Why This Update Matters for Canadian Seniors 03:40 Official Inflation Adjustment Percentage Confirmed 05:55 How Much Will OAS Increase in January 2026? 08:30 Maximum OAS Payment Amount for 2026 11:45 Enhanced OAS for Seniors Age 75 and Older 14:20 How Much Will GIS Increase in January 2026? 17:10 Maximum GIS Amounts – Singles vs. Couples 19:35 When Will You Receive the Increased Payment? 22:00 Real Example #1 – Single Senior Receiving Maximum Benefits 24:40 Real Example #2 – Married Couple with Partial GIS 27:15 Real Example #3 – Senior Age 75+ with Enhanced OAS 29:50 How OAS Increases Are Taxed 32:20 GIS Is Non-Taxable – What This Means for You 34:55 Understanding the OAS Recovery Tax (Clawback) 37:25 How the Clawback Affects Your 2026 Increase 40:10 Complete OAS Eligibility Requirements Explained 42:45 GIS Eligibility – Income Thresholds and Requirements 45:20 Why Filing Your Tax Return Is Critical for GIS 47:50 What Happens If You Don't File on Time 50:15 How to Apply for GIS If You're Not Receiving It 53:40 Setting Up Direct Deposit for Faster Payments 55:30 Payment Schedule – When OAS and GIS Are Deposited 57:45 What Happens to Benefits If You Live Outside Canada 01:00:20 Common Myths About OAS and GIS Debunked 01:02:50 How to Check Your Payment Status Online 01:05:15 My Service Canada Account Walkthrough 01:07:40 Budgeting Tips for Your Increased Benefits 01:10:05 Important Deadlines You Cannot Miss 01:12:30 How to Contact Service Canada for Help 01:14:45 Final Summary – Key Takeaways and Action Steps 01:17:20 Subscribe for More Pension Updates
This video provides comprehensive, fact-based information directly from Service Canada and the Canada Revenue Agency. Whether you're already receiving OAS and GIS or approaching age 65, understanding the 2026 increases will help you plan your retirement budget and ensure you're receiving all the benefits you've earned through decades of residency in Canada.
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💬 We want to hear from you! Leave a comment below sharing:
• Are you currently receiving OAS and GIS?
• How will the January 2026 increase help your monthly budget?
• Do you have questions about eligibility or payment amounts?
We read every comment and reply with guidance to help you navigate your senior benefits. Your questions also help us create future videos addressing the concerns that matter most to Canadian seniors.
📌 Related Videos You Should Watch:
• CPP Payment Schedule 2026 – All Dates Confirmed
• How to Apply for GIS Online – Complete Walkthrough
• Understanding the OAS Clawback – Income Thresholds Explained
• Maximum CPP 2026 – How Much Can You Receive?
📞 Service Canada Contact Information:
• Phone: 1-800-277-9914 (1-800-255-4786 TTY)
• Online: canada.ca/old-age-security
• My Service Canada Account: canada.ca/my-service-canada-account
🔍 Key Topics Covered: OAS inflation adjustment 2026 | GIS payment increase | Senior benefits Canada | Old Age Security maximum amount | Guaranteed Income Supplement eligibility | CPP OAS GIS updates | Service Canada payment dates | Pension increase 2026 | Senior financial support | Retirement income Canada
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