The Guaranteed Income Supplement is a benefit program under the OAS (Canadian Old Age Security Program). The main aim of this program is to financially support the senior citizens of the country.
The government of Canada administers the program through employment and social development programs. GIS payments are decided according to the income level of the people. GIS is non-taxable. It is received by the senior citizens with the old age security pension or sometimes with the other income allowances.
Highlights of Canadian Seniors Eligible for GIS Allowance
| Article | Canadian Seniors Eligible for GIS Allowance |
| Country | Canada |
| Age criteria | At least 65 years old |
| Beneficiaries | Low income senior citizens |
| Post Category | Finance |
Eligibility Criteria
- To become eligible, it is required to be at least 65 years old.
- Resident of Canada, living for at least 10 years or more, since 18 years of their age.
- The recipient must be receiving the Old Age Security pension.
- Recipients must fill the income tax return of the previous year.
Income Limit
- Married or law partners (One partner not qualifying OAS):- If one partner is not eligible for the OAS pension and the couple’s combined income is less than $51,408. Then, the other partner can receive the GIS payment of up to $1057.01 per month.
- Widowed, Single, Divorced:- If they have income less than $21,456 can receive GIS payment of up to $1,057.
- Married or law partners (both receiving OAS) :- Couples receiving OAS must have a combined income of less than $28,320 to become eligible for the GIS. They can receive up to $636.26 per month.
- One partner receiving OAS and the other receiving GIS:- If the combined income of the couple is less than $39,648. Then, they are eligible for the OAS payment of up to $1,343.94 per month.
How can I apply for the GIS allowance?
There is an application form that needs to be filled to apply for the GIS allowance. It is advisable to directly contact the helpdesk number – 1-800-277-9914.
The qualifying candidates will receive the form in their CRA (Canada Revenue Agency) portal. Fill all the mandatory and required information in the form. Attach the mandatory documents and submit the application. Mention the start date for receiving the payment. The leading jurisdiction reviews your application, after receiving it. Within 2 to 3 months, the recipients receive the confirmation.
| Home Page | https://www.easthamptonchamber.com/ |
FAQs for GIS Allowance For Canadian Seniors
Yes, immigrants are eligible if they are living in Canada for more than 10 years after the age of 18.
Yes, if an individual leaves the country for more than 6 months then they will become ineligible.
For single, divorced or widowed people, the income limit is $21,456 monthly.
After one month of turning 64, you can apply for the GIS.
You will receive the confirmation within 2-3 months, after the submission of the application.
Riya Claire is the Editor-in-Chief of the East Hampton Chamber Portal. She holds a degree in Mass Communication, an MBA in Finance, and a diploma in HR, making her a versatile professional for an online portal