Cost Of Living Increase 2024 Canada Oas.  — according to the government of canada, the maximum oas pension amount for january to march 2024 is $713.34 for seniors aged 65 to 74, and $784.67 for seniors aged 75 and over².  — the maximum monthly oas payment amount is expected to increase from $707.68 in 2023 to $718.33 in 2024 for seniors aged 65 to 74, and from $778.45 in 2023.

 — your payments under the old age security (oas) and canada pension plan (cpp) are indexed annually to account for inflation and cost of living increases.  — in a major development for senior citizens across canada, the canadian government has announced a substantial increase in the old age security (oas).