GIS Payment Increase 2025 : More positive news for seniors in Canada! Under the Guaranteed Income Supplement (GIS), a huge amount is going to be raised in 2025 where eligible recipients would be receiving up to about $1,700 per month. This comes along with the efforts of the federal government to assisting low-income older citizens with increasing costs of living and inflation pressures across the country. Here’s a full breakdown of new GIS amounts, eligibility requirements, and payment timelines for 2025.
What Is The GIS?
GIS is a non-taxed monthly payment available to low-income seniors, who already receive an Old Age Security (OAS) pension to bolster finances for the elderly Canadians who do not have sufficient income other than that which comes through OAS.
GIS Is Loom Raising To $1,700: What Change Will Occur In 2025?
Starting from January 2025, the upper limit of the monthly payment has been upgraded to $1,700 instead of the previous limit of around $1,065.47. This will do a major benefit for the single seniors that have scanty earnings. They will be able to afford more basic needs as food, housing, and medications. The increased GIS amount may be paid to married or common-law couples depending on their aggregate income.
This measure will be part of the government’s persisting policy to index benefits with inflation, thus protecting seniors’ purchasing power amidst uncertainty in the economy.
Who Can Receive The New GIS Amount?
You have to comply with the following requirements in order to base your eligibility on the GIS in 2025:
- Be 65 years or older.
- Have had OAS pension.
- Be a resident of Canada.
- Have annual income below the income-threshold stipulated by GIS.
The anticipated income limits for the 2025 benefit year are:
- Under $21,624 for single seniors;
- Under $28,560 for couples in which both receive OAS; and
- Under $51,840 for couples in which only one member receives OAS and GIS.
Remember that eligibility for GIS in 2025 will depend on your income tax return for 2024. Ensure that you file your taxes on time to reduce delays or interruptions.
GIS Payment Dates For 2025
Payments for GIS are issued on a monthly basis in conjunction with those of OAS; thus, a few of the first scheduled dates in 2025 are:
- January 29, 2025
- February 26, 2025
- March 26, 2025
- April 29, 2025
These payments are usually sent directly to your bank account through direct deposit, whereas those seniors who are yet to set it up will receive the checks by mail, which could take a longer time to arrive.
How To Apply Or Update GIS Information
If you are already receiving OAS, your eligibility for GIS may be assessed automatically. However, if your income has changed, or if you are applying for the first time, one may apply online through the [My Service Canada Account](https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security.html) or may also apply with a paper application.
Please ensure that your personal and financial information has been updated, so you receive the correct amount.
Also Read: Canada CRA Benefits April 2025: Full Payment Schedule, Amounts And Eligibility Explained