What does oas mean on your pay stub?

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2026-04-23 17:30

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"OAS" on your pay stub typically stands for Old Age Security, which is a government program in Canada that provides financial assistance to seniors. The deduction reflects contributions to this program, which is funded through general taxation. It ensures that eligible individuals receive a monthly pension during retirement, helping to support their financial security. If you have specific questions about the amount or eligibility, it's best to consult your payroll department or financial advisor.

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