$3100 OAS extra pension: Do you qualify

The $3100 OAS extra pension refers to a maximum quarterly Old Age Security (OAS) benefit available to eligible Canadian seniors, often including top-up amounts like the Guaranteed Income Supplement (GIS) or OAS deferral increases. While the base OAS pension is available to most seniors over 65, reaching the $3100 mark typically involves additional benefits or delayed payments.

Who Qualifies for the $3100 OAS Extra Pension?

To receive the $3100 OAS extra pension, you must meet the following key criteria:

1. Be 65 Years or Older

   • You must be at least 65 years old to begin receiving OAS payments.

2. Meet Canadian Residency Requirements

   • Must have lived in Canada for at least 10 years after age 18.

   • To receive the full pension, you generally need 40 years of residency.

3. Qualify for GIS or Other Supplements

   • The Guaranteed Income Supplement (GIS) is added to OAS for low-income seniors, significantly boosting total payouts.

4. Delay OAS to Age 70

   • Delaying your OAS benefits increases your monthly payment by 0.6% for each month delayed, up to 36% if you delay until age 70. This can push your quarterly OAS total toward $3100 or higher.

Steps to Apply for the $3100 OAS Extra Pension

1. Create a My Service Canada Account

   • Apply online or by mail.

2. Check Your Eligibility

   • Review residency and income requirements.

3. Apply for GIS

   • If your income is below the threshold, submit your GIS application along with OAS.

4. Consider Delaying OAS

   • Maximize your benefit by waiting until age 70.