The Guaranteed Income Supplement (GIS) is a critical financial support program for low-income seniors in Canada, providing up to $1,364 per month in December 2024.
This program complements the Old Age Security (OAS) pension, helping seniors maintain their quality of life.
Here’s an in-depth guide to GIS eligibility, payment amounts, and how to apply to ensure you receive the financial assistance you need.
What is the Guaranteed Income Supplement (GIS)?
The GIS is an income-tested benefit provided by the Canadian government to seniors receiving the Old Age Security (OAS) pension.
It aims to reduce poverty among low-income seniors by providing additional monthly income.
The exact amount of GIS depends on your total income and marital status, with higher benefits for those in greater financial need.
Who is Eligible for GIS in December 2024?
Eligibility Criteria
- Age and Residency
- Must be 65 years or older.
- Be a legal resident of Canada.
- Receiving OAS
- Enrollment in the Old Age Security (OAS) pension is mandatory.
- Income Thresholds
- GIS is income-tested, meaning your income (other than OAS) must fall below specific limits:
| Marital Status | Income Threshold (Annual) |
|---|---|
| Single, Divorced, or Widowed | Less than $22,056 |
| Couple (both receiving OAS) | Combined income below $29,136 |
| Couple (one receiving OAS, one not) | Combined income below $52,848 |
| Couple (neither receiving OAS) | Combined income below $52,848 |
If your income exceeds these thresholds, you may still receive a reduced GIS payment depending on how far over the limit your income falls.
How Much Will You Receive in December 2024?
The GIS payment varies based on income and marital status. Here are the maximum monthly amounts for December 2024:
| Marital Status | Maximum Monthly GIS Payment |
|---|---|
| Single, Divorced, or Widowed | Up to $1,086.88 |
| Couple (both receiving OAS) | Up to $654.23 each (combined $1,308.46) |
| Couple (one receiving OAS, one not) | Up to $1,086.88 for the eligible partner |
| Couple (neither receiving OAS) | Up to $1,086.88 for the eligible partner |
Important Notes
- Non-Taxable: GIS payments are not taxable, meaning you do not need to include them in your income when filing taxes.
- Income Impact: GIS payments decrease as your income increases.
December 2024 Payment Date
For December 2024, GIS benefits will be deposited or mailed on December 20, 2024.
Payment Methods
- Direct Deposit: Payments are deposited directly into your bank account.
- Paper Cheque: If you have not set up direct deposit, payments will arrive via mail.
Tip: Set up direct deposit through your My Service Canada Account to avoid delays caused by mail.
How to Apply for GIS
If you’re already receiving OAS, you may automatically be enrolled in GIS. If not, follow these steps to apply:
Step 1: Check Eligibility
- Use the GIS Eligibility Calculator on the Government of Canada website to confirm your qualification.
Step 2: Gather Necessary Documents
- Proof of Income: Tax returns, pension statements, or other income-related documents.
- Personal Details: Social Insurance Number (SIN), marital status information, etc.
Step 3: Submit Your Application
- Online: Log into your My Service Canada Account to apply.
- By Mail: Download and complete form ISP-3550 from the Service Canada website, then mail it.
Step 4: Wait for Confirmation
- Once your application is processed, you’ll receive a letter confirming your eligibility, payment amount, and start date.
What to Do if You Miss a GIS Payment
- Check Your Information
- Verify your bank account details or mailing address in your My Service Canada Account.
- Contact Service Canada
- If your payment hasn’t arrived by the due date, reach out to Service Canada via their helpline or online portal.
- Keep Records
- Maintain records of communications and any supporting documents related to your claim.
Appealing a GIS Decision
If your application is denied or the benefit amount is incorrect, you can file an appeal:
- Review the Decision Letter
- Understand the reasons for denial or the calculation of benefits.
- Request Reconsideration
- Submit a Request for Reconsideration with supporting documents, such as proof of income or marital status.
- Await Review
- Service Canada will review your case and provide a decision, which may take several weeks.
Related Benefits for Seniors
In addition to GIS, seniors may qualify for:
Conclusion
| Benefit | Description |
|---|---|
| The Allowance | For low-income seniors aged 60–64 with a spouse receiving OAS and GIS. |
| Allowance for the Survivor | For widowed seniors aged 60–64 meeting income requirements. |
| Canada Pension Plan (CPP) | Retirement income based on contributions made during your working years. |
The $1,364 GIS Benefits in December 2024 offer vital financial support for low-income seniors in Canada.
By meeting eligibility requirements and staying updated on application and payment procedures, seniors can ensure they receive the maximum assistance available. Remember to set up direct deposit and keep your personal information current to avoid payment delays.
