In the month of September 2025, the Canada Revenue Agency will officially confirm that several income supports and pension payments are being directly deposited into the bank accounts of the recipients. These payments include those pertaining to Old Age Security (OAS), the Guaranteed Income Supplement (GIS), Canada Pension Plan (CPP), and several other federal benefits. An accurate setup of the direct deposit will ensure revenues are received on time.
Dates To Remember
- On September 25, 2025, payments of benefits by the CRA will be issued. These benefits include the Old Age Security, Guaranteed Income Supplement, and other similar payments.
- Pension payments under the Public Service Pension Plan will also be made by direct deposit on the 25th of September, with the last day to update banking or contact information being the 4th of September 2025.
- CPP payments will also be made on September 25.
Eligibility & What To Do Before the Date
In order to receive direct payment on September 25, persons eligible must ensure the following:
- Their banking data entered with CRA or Service Canada remains valid and linked for direct deposit; invalid bank account or address information leads to delayed payment.
- The recipients maintain eligibility for each program (OAS age, residency, GIS thresholds on income, etc.).
- If not through direct deposit, there may be delays in cheque payments.
How Much Could Seniors Receive?
- The OAS payment for September for persons between 65 and 74 years is $734.95; in the case of those aged 75 years and above, the payment would be $808.45.
- GIS for single low-income seniors goes up to $1,097.75. The combined total (OAS + GIS) an eligible senior is allowed per month for September is $1,905.
- These are maximum outright benefits; individual payments for each person depend on his or her own eligibility and income.
Why Do These Schedules Matter?
Direct deposit schedules supposedly help a senior, a pensioner, or some other beneficiary in planning ahead; knowing for sure when the money hits will aid the individual in making budgets, paying monthly bills, or simply avoiding a cash-flow crunch.
Besides which, at least the schedule can be confirmed so that one does not fall for some big payment or “surprise” payment which is not officially announced.
Also Read: Canada Minimum Wage Hike 2025: New $17.65/Hr Rate And Province-Wise Chart
