Guaranteed Income Supplement 2024: Know Eligibility Criteria & Payment Dates

Guaranteed Income Supplement (GIS) was designed to support the senior citizens of the country. It aims at providing financial assistance to low-income people of the country. It is a means-tested supplement focused on the income of the claimants.

GIS tries to prevent the senior citizens from falling into poverty. The leading beneficiaries of the benefit are those women who never worked before. This made them not qualify for the Canada Pension Plan (CPP). However, through Guaranteed Income Supplement the government of Canada tries to support the people as much as it can. 

Guaranteed Income Supplement 2024

Article Name	GIS 2024: Eligibility Criteria and More
Country	Canada
Scheme	Guaranteed Income Supplement
Frequency of Payment	Monthly
Amount	Varies according to the annual income and number of family members
Post Category	Finance
Official site	https://www.canada.ca/

Key Factors about Guaranteed Income Supplement 

1. GIS provides support to those people as well who were not a part of the country’s workforce.
2. People who are beneficiaries of the OAS program with low incomes are only eligible for the GIS. 
3. People who are receiving OAS will automatically get enrolled in the GIS by the Canadian Department. 
4. It is an income-tested monthly payment. So, claimants should not have more income sources. 
5. Eligible people can receive $1,073 monthly.
6. People who are not living in Canada for more than 6 months are not eligible. 
7. Annual income and number of family members decide the GIS payment amount. 

Eligibility Criteria 

To become eligible for the GIS program, people should qualify these below points:

1. People applying for the GIS must be at least 65 years old.
2. They must be the recipients of OAS.
3. Claimants must be residents of Canada. 
4. People must have resided in the country for at least 40 years after 18 years of age. 
5. Claimants’ income should be within a certain specific range.  

Income Limit

Claimants	Maximum Income
Single, divorced/Separated or widowed	$21,624
One Partner is a recipient of old age security (OAS) pension	$28,560
One partner is not receiving the OAS pension	$51,840
One Partner receives the allowance	$39,984

GIS Payment Dates 2024

Month	Dates in 2024
January	29th January
February	27th February
March	26th March
April	26th April
May	29th May
June	26th June
July	29th July
August	28th August
September	25th September
October	29th October
November	27th November
December	20th December

How to Claim Guaranteed Income Supplement 2024

1. Automatic Enrollment 

• OAS Pensioners get systematically enlisted for the GIS program. 
• Automatic Enrollment is done after the evaluation of the eligible people who receives OAS by the Canadian Service Department.
• Automatic Enrollment helps the senior citizens to get the claim without extra paperwork.

2. Applying Manually

• Eligible people can apply for the claim manually, if they do not get automatically enrolled for the GIS. 
• Eligible people can submit the application through the official site of the government.
• Claimants should provide accurate details in the application including their personal details, residential details and other necessary documents. 

3. Official Notice from Government 

• People should manually apply for the GIS, only if they receive an official notice from the Government.
• The government sends a letter to the eligible people which has the application process mentioned in it. 
• Read the application process carefully and apply for the program to become a part of the Guaranteed Income Supplement benefit. 

Home Page

https://www.easthamptonchamber.com/

FAQs of GIS 2024