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For the Old Age Security (OAS), itâs earned at 1/40th of the maximum (approx $540/mth) for every year of residence in Canada after age 18. Your total of 32 years would therefore give you about $432/mth and your wifeâs 22 years would give her about $297/mth.f so, there are no further government pensions until at least one of you reaches age 65, at which time you should qualify for Old Age Security (OAS), depending on how long youâve lived in Canada since age 18, and possibly the Guaranteed Income Supplement (GIS).
The current qualification age for the Age Pension is 65 years. From 1 July 2017, this will rise by six months every two years until it reaches 67 by 1 July 2023. There are plans by the current government to further increase the Age Pension qualification age to 70.The current rate of a full single Age Pension, including the Pension Supplement and Clean Energy Supplement is $22,542 per annum.here are plans by the current government to further increase the Age Pension qualification age to 70. The current rate of a full single Age Pension, including the Pension Supplement and Clean Energy Supplement is $22,542 per annum.