US EditionOld Age Security: Many Quebecers Can Receive More than $800 in July
12 Articles
12 Articles
Thousands of people will receive their monthly Old Age Security (OAS) payment in July, thanks to the Canada Revenue Agency (CRA). Whether you've already held a job or not, this financial boost can add up to several hundred dollars. And let's be honest: with the cost of living, every extra dollar can really make a difference in a budget. Also read: 6 Benefits and Tax Credits Will Increase in July and Here's How Much You Can Receive Generally, you…
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From 1 July, millions of pensioners will receive more money. However, on the first payday, there is a special feature – what is behind it.
As of 1 July 2025, there will be 3.74 percent more pension. But not all receive the plus at the same time. When the pension increase lands in the account.
In line with summer time, pensions are increased, but not only in this area, there is more money.
The government takes into account nearly 1.8 million pensions, twice the initial number that would have been followed to pay health claims, according to the 'True' calculations based on the Wednesday discussion document, which should be presented to European officials.
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