Will GIS and OAS {$2800+$1500} Payment come in Dec month, & Are you eligible or not? Fact Check

GIS and OAS $2800+$1500 Payment For All Seniors: The payment of OAS in country has schedule to release by CRA. Beneficiaries now getting multiple news from different sources of different payment for senior citizens including $2800+ $1500. The payment is expecting to release under the GIS and OAS Schemes in the country in this month. If you are also paying your annual tax to the Government of Canada and want to get financial assistance for your better retirement life then can read this article where we will share with you in the latest information of GIS and OAS Payment 2024 including the date of releasing the $2,800 + $1,500 OAS & GIS payment, fact check of $2800+ $1500 payments etc.

The rumors are circulating on the internet about double payment of OAS for the beneficiaries in the country who are more than 65 years old. However the Canada revenue agency which is Managing the monthly payment of old age security payment and guaranteed income supplement has not confirmed any notification or information about the payment structure of $2800 and $1500. So we cannot confirm this news at this time. However the inflation and Cost of living is continuously increasing in the country so citizens and other financial Agencies are expecting a direct payment by CRA in upcoming month.  currently authority is not providing such payments for 2024. However beneficiaries will get the regular payment of GIS and OAS accordingly.

GIS and OAS $2800+$1500 Payment 2024

GIS & OAS $2800+$1500 Eligibility Criteria

• Citizens living in Canada are eligible to apply in old age security and guaranteed income supplement payment 2024 for this month.
• The age of the individual should be more than 65 years old while getting the payment of OAS
• The annual income of the individual should be less than $90000 in the country.
• However the OAS is provided to all the low income group seniors in the country who are not able to manage financial expenses for their daily life use.
• Individuals are not required to invest during the employment to receive the old age security payment, as the payment is equally provided all the beneficiaries according to their category and criteria.
• On other hand GIS payment is also prepared by Canada revenue agency for those individuals who are not able to earn a sufficient income. So the government is providing them guarantee to receive such supplements.
• It is all are the tax reduction schemes in the country, so individuals are required to submit the annual tax to the government without any delay to be eligible for getting the upcoming payment.

Claim GIS and OAS $2800+$1500 Payment in December 2024 

There is no need to claim each month for getting the monthly payment of GIS and OAS. Once your application has activated, you will automatically receive the monthly payment in the bank account on the scheduled dates. However you can check the status of the application and the upcoming payment by following this procedure:-

• Go to the official website of Canada revenue agency and click on the link of my CRA to login on the dashboard.

• Now you need to provide your User id and password to login on the dashboard.

• After that you can see all the eligible schemes on your application and see their status accordingly on the dashboard. 
• If you are unable to check the status of the oas payment then you need to apply through online mode for the payment so the authority will activate it accordingly after completing the verification.

GIS and OAS {$2800+$1500} Payment Date 2024

Beneficiaries receive their GIS and OAS payments on a monthly basis. The last three working days of the month are when payments are deposited. The GIS and OAS monthly payment for Dec 2024 will be $2,800 + $1,500, this is just a rumor. Benefits are expected to be paid on a monthly basis after confirmation.

GIS Payments Amount 2024

GIS (Guaranteed Income Supplement) payment is a monthly benefit provided to low-income individuals who are receiving Old Age Security (OAS) benefits. The GIS is designed to help ensure a minimum income level for seniors, and the amount of the payment varies based on individual circumstances, such as income and marital status.

For example, as of 2022, a single person receiving GIS and OAS can receive up to $1,658 per month, while a married couple can receive up to $2,435 per month combined. The GIS payment is typically paid monthly, and the amount may change quarterly based on changes in income or other factors. The goal of the GIS is to provide a basic level of income security for low-income seniors in Canada.

Fact Check

Rumors of specific checks often arise from misunderstandings of existing government benefits or exaggerated claims made online. It’s important to rely on official sources for accurate information. There has been no federal announcement about GIS and OAS Payment in Dec 2024. Most deposits for government programs will vary based on individual circumstances, including income, work history, and eligibility. To avoid becoming a victim of misinformation, always verify claims through official government websites or consult a financial advisor.

FAQ’s: