Recently, there have been claims regarding $2,800 + $1,500 monthly payments for seniors in Canada, which would combine Old Age Security (OAS) and Guaranteed Income Supplement (GIS) benefits. However, the Canada Revenue Agency (CRA) has not confirmed any such payment structure. Despite rumors, the payment amounts for OAS and GIS remain consistent, and the CRA continues to issue regular payments based on eligibility. This article clarifies the facts, eligibility criteria, and payment schedule for September 2024.
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The claim that seniors in Canada will receive $2,800 + $1,500 monthly from OAS and GIS in September 2024 is false. The CRA has not made any official announcement regarding these amounts. Instead, seniors can expect their usual monthly OAS and GIS payments, which vary based on income level and age.
Low-income seniors may receive combined payments of up to $2,800 or more from OAS and GIS, but this is not a new or doubled payment as suggested by rumors.
OAS & GIS Payment Breakdown for September 2024
| Benefit | Maximum Monthly Payment | Eligibility | Payment Date |
|---|---|---|---|
| OAS (Ages 65-74) | Up to $718.33 | Age 65+, Canadian resident | September 25, 2024 |
| OAS (Ages 75+) | Up to $790.16 | Age 75+, Canadian resident | September 25, 2024 |
| GIS (Single) | Up to $1,072.93 | Low-income OAS recipients | September 25, 2024 |
| Total Combined | Up to $2,800+ | Eligible low-income seniors | September 25, 2024 |
These payments aim to provide income support for seniors, with OAS covering basic retirement benefits and GIS supplementing income for those with limited financial resources.
Eligibility Criteria for OAS and GIS Payments
To qualify for OAS and GIS, seniors must meet the following requirements:
- Age: Must be 65 years or older to receive OAS; GIS is available to low-income OAS recipients.
- Residency: Must be a Canadian citizen or permanent resident and have lived in Canada for at least 10 years after turning 18.
- Income: OAS is available to individuals with annual income under $90,000; GIS is for low-income seniors below certain income thresholds.
How to Claim OAS and GIS Payments in 2024
Once eligible, seniors do not need to apply monthly for OAS and GIS. Approved payments are automatically deposited. Here’s how to check the status or apply:
- Log into CRA My Account: Visit the CRA website and log in to your My CRA account.
- Check Payment Status: Navigate to your OAS and GIS applications to view the status and upcoming payments.
- Apply if Necessary: If not already receiving payments, apply online with the required details, including proof of income and residency.
September 2024 OAS & GIS Payment Date
The next OAS and GIS payment is scheduled for September 25, 2024. Seniors receiving both will see amounts credited to their bank accounts on this date.
GIS Payments for 2024
The GIS provides additional income support for low-income seniors receiving OAS. A single senior could receive up to $1,072.93 monthly through GIS, potentially totaling over $2,800 when combined with OAS.
How to Check Payment Status Online
To check your OAS and GIS payments:
- Go to the CRA website and log into your My CRA account.
- Access your payment dashboard to view upcoming payments.
- Ensure your information is updated and your application is active. If not, apply online or contact CRA customer service.
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While rumors of a $2,800 + $1,500 payment are circulating, actual payments remain consistent. Eligible seniors can expect up to $2,800 or more in combined OAS and GIS benefits on September 25, 2024.