Canadian dollar coin on a financial document, symbolizing OAS adjustments in July

OAS Adjustments: Understanding Your 0.8% Increase in July

This article explains the recent 0.8% increase to Old Age Security (OAS) benefits, effective July. Seniors will learn how this adjustment helps combat inflation, its impact on their monthly payments, and important considerations for financial planning. Understand the details of these OAS adjustments and what they mean for your retirement income.