The government of Canada has announced the Guaranteed Income Supplement (GIS) for seniors facing financial hardships. This is a $1500 GIS Monthly Payment given through direct deposit. The Canadian government has announced this scheme to benefit the country’s senior citizens with the view to help them with financial aid. The candidates must satisfy the $1500 GIS Monthly Payment Eligibility Criteria 2024 mentioned on the official website https://www.canada.ca/. In March 2024, the government of Canada launched the monthly payment of the amount of $1500 as GIS which will be directly deposited in the accounts of the eligible candidates as per $1500 Guaranteed Income Supplement Payment Date. Detailed information about the GIS payment scheme is discussed in this article.
$1500 GIS Monthly Payment
The $1500 Guaranteed Income Supplement (GIS) scheme is launched by the Canadian government for the welfare of senior citizens in Canada. This monthly monetary aid helps the senior citizens to carry on with their daily necessities of life without any compromises. It provides substantial relief to the seniors who have served Canada. This financial help enables seniors not to choose between a healthy diet and essential medications and provides an ease in paying rent and bills. The $1500 GIS payment increase has provided the utmost financial relief to the senior citizens of Canada. On 12th March 2024, the government of Canada announced this $1500 GIS Monthly Payment for all senior citizens. The amount will be paid through direct deposits in the accounts of the eligible candidates as per payment date. One must visit the official portal https://www.canada.ca/ to get the details.
$1500 Guaranteed Income Supplement Payment Date
| Program Name | $1500 GIS Monthly Payment |
| Country | Canada |
| $1500 Guaranteed Income Supplement Payment Date | 12th March 2024 |
| Eligibility | Senior Citizens of Canada |
| Beneficiaries | Citizens of 65 years or above |
| Category | Finance |
| Website | https://www.canada.ca/ |
Who Qualifies to Receive $1500 GIS Monthly Payment?
The $1500 GIS Payment scheme launched by the government of Canada, is aimed at providing financial aid to the senior citizens of Canada. The payment is made every month on a direct deposit basis. The candidate must qualify for the $1500 GIS Monthly Payment Eligibility Criteria 2024 as per the norms. The eligibility points are discussed below:
- The candidate must be 65 years or above.
- The candidate must be a citizen of Canada.
- Must be receiving the Old Age Security Pension (OAS) pension.
- The candidate must have an incomes below;
| Candidates | Amount |
| If the candidate is a single, widowed, or divorced | $21,624 |
| If candidate’s spouse/common-law partner receives the full OAS pension | $28,560 |
| If candidate’s spouse/common-law partner does not receive an OAS pension | $51,840 |
| If candidate’s spouse/common-law partner receives the Allowance. | $39,984 |
Guaranteed Income Supplement Payment Amount
The Guaranteed Income Supplement Payment Amount depends upon the marital status of the candidate and their previous year’s income.
| Your Situation | Your Annual Income Must Be | Maximum Monthly Payment Amount |
| Single, divorced or widowed | Less than $21,624 | up to $1,065.47 |
| Have a spouse or a common-law partner who receives the full OAS pension | Less than $28,560 | up to $641.35 |
| Have a spouse or a common-law partner who receives the Allowance | Less than $39,984 | up to $641.35 |
| Have a spouse or a common-law partner who does not receive an OAS pension or Allowance | Less than $51,840 | up to $1,065.47 |
Documents Required For Guaranteed Income Supplement Payment Application
The Guaranteed Income Supplement (GIS) is a payment that provides financial assistance to the senior citizens of Canada. $1500 GIS payment is made to all the senior citizens of the country. The candidates who are held eligible for such payments by the government must have the below mentioned documents to fill Guaranteed Income Supplement Payment Application.
- Social Insurance Number (SIN).
- Information about spouse/common law partner.
- Information about the countries one has lived in since age 18.
- Your banking details for direct deposit of the payment.
- Your reduction of pension, if any.
Steps to Claim $1500 GIS Monthly Payment
The eligible candidates can Claim $1500 GIS Monthly Payment by following the below-mentioned steps:
- Visit the official website https://www.canada.ca/ to apply for the GIS payment scheme.
- In the application form, fill in the relevant information.
- Click on the ‘Submit’ tab to submit your application.
- You will receive a response through mail from the authorities.
- You can now review your application status.
- If you are not satisfied with the decision in your application then you can reply with a mail within 90 days.
FAQs On $1500 GIS Monthly Payment
Canadian citizens of the age of 65 years or above get benefits from GIS payments.
In March 2024, the Canadian government announced the $1500 GIS payment for all the senior citizens of the country.
The eligible candidates get the payment amount through direct deposits on the said dates.