Canada Pension Cost Of Living Increase 2024. The old age security pension is reviewed in. Latest updates on the canada pension boost, including the expected increases in cpp and oas for 2024.

Old age security payment amounts are reviewed each year in january, april, july and october to ensure they reflect cost of living increases, as measured by the consumer price index (cpi). In a major development for senior citizens across canada, the canadian government has announced a substantial increase in the old age security (oas) payment.