OAS Rises 1.4% on October 28, 2026 — What Every Age Group Actually Gets

OAS goes up for the fourth time this year — and this is the biggest jump since January

Every quarter, Old Age Security is indexed to inflation, and Canada.ca has now confirmed the rate for October, November, and December 2026: 1.4%, arriving with the October 28, 2026 payment. It is the largest single quarterly increase since January, and it pushes the year-over-year climb to a confirmed 3.0% — the fourth OAS indexation of 2026 alone.

Key facts

• 1.4% increase, effective October 28, 2026 — Canada.ca's official OAS payment page confirms the rate for the October–December quarter.
• 3.0% over the past 12 months — from October 2025 to October 2026, per the same source.
• The biggest quarterly bump of 2026 so far: January added 0.3%, April added just 0.1%, July added 1.2%, and October adds 1.4%.
• GIS and the Allowance rise by the same 1.4% — they are indexed to the same CPI measure as the OAS pension.

What the October payment actually adds

Service Canada had not yet published the rounded October–December dollar figures on its quarterly rate card as of this writing — only the 1.4% rate itself is confirmed. Applying that confirmed rate to the confirmed July–September 2026 maximums gives a close estimate of what lands on October 28:

Oct–Dec figures are CanPay Insights' own calculation: the confirmed 1.4% indexation rate applied to the confirmed July–September 2026 maximums. Service Canada rounds its own published figures to the cent on the official quarterly rate card, which was not yet posted at the time of writing — treat these as a close estimate, not the final deposit amount.

A year of small increases adding up

Unlike CPP, which is adjusted once a year every January, OAS is reviewed four times a year against the Consumer Price Index, so it tracks inflation quarter by quarter instead of waiting twelve months:

• January 2026: +0.3% (2.0% year-over-year)
• April 2026: +0.1% (2.1% year-over-year)
• July 2026: +1.2% (2.3% year-over-year)
• October 2026: +1.4% (3.0% year-over-year)

No quarter has ever reduced the payment. The Old Age Security Act guarantees benefits never fall even if the CPI drops — in a deflationary quarter, OAS simply holds at the prior amount instead of decreasing.

Does this affect your paycheque?

OAS is not payroll income and does not touch anyone's employer deductions — it lands as its own deposit. But a lot of recipients are still working, part-time, consulting, or seasonal, and both incomes land on the same tax return. OAS is taxable and reported on a T4A(OAS) slip alongside any T4 from a job. If you are weighing how a part-time paycheque adds up next to your pension, the free CanPay Insights salary calculator and CPP/EI calculator use the same 2026 rates behind every number on this page to show what actually lands, after tax, CPP, and EI.

When it arrives

October 28, 2026 is the tenth of twelve scheduled 2026 payment dates for both CPP and OAS — they are deposited the same day. Direct deposit typically lands that day; mailed cheques can take 5 to 10 business days longer, per Service Canada.

Sources & disclaimer

OAS, GIS, and Allowance payment amounts and the confirmed October–December 2026 indexation rate are from the Government of Canada's Old Age Security payment amounts page. The 2026 CPP/OAS payment calendar, including the October 28, 2026 date, is from the Government of Canada benefits payment calendar. Historical January and April 2026 quarterly rates are corroborated by independent Canadian pension-news outlets. October–December dollar figures in the table above are CanPay Insights' own calculation (confirmed rate × confirmed prior amount) pending Service Canada's official published rate card, and may differ by a cent or two from the final rounded figures. This is general information, not financial or tax advice.