The Guaranteed Income Supplement (GIS) is a vital financial support program for seniors in Canada, offering monthly payments to low-income individuals who qualify for Old Age Security (OAS).
As inflation continues to affect the cost of living, GIS benefits are indexed quarterly, meaning they can be adjusted to keep pace with rising costs.
The GIS $1120 per month deposit for April 2025 has generated speculation among seniors, but let’s take a closer look at the facts behind these rumors.
What is the GIS $1120 Per Month Payment?
The GIS $1120 payment is a speculative amount being circulated for April 2025. It is anticipated that this increase is related to the regular inflation adjustment that happens each quarter.
For the first quarter of 2025, the Guaranteed Income Supplement payment stood at $1086.88 per month. A potential raise to $1120 suggests an increase of $33.12 per month, but this is not official.
Despite this speculation, official announcements from Service Canada and the Canada Revenue Agency (CRA) have stated that no Guaranteed Income Supplement payment increase will occur for the second quarter of 2025.
As such, the $1120 figure is most likely the result of rumors and should not be considered a reliable source of information.
What is the Guaranteed Income Supplement (GIS)?
The Guaranteed Income Supplement (GIS) is part of Canada’s Old Age Security (OAS) program. It is designed to assist low-income seniors by providing a monthly income supplement.
This payment is available to Canadian residents aged 65 or older who qualify based on income thresholds. Guaranteed Income Supplement payments are revised quarterly based on the Consumer Price Index (CPI) to help offset the effects of inflation.
GIS Eligibility Criteria for 2025
To qualify for the Guaranteed Income Supplement in 2025, applicants must meet specific eligibility criteria. These include:
- Age: Applicants must be 65 years old or older.
- Residency: Applicants must be legal residents of Canada for at least 10 years from the age of 18.
- Income Thresholds: Seniors must meet income limits that vary based on their marital status.
Here’s a detailed breakdown of income thresholds for Guaranteed Income Supplement eligibility:
| Status | Income Threshold |
|---|---|
| Single, Widowed, Divorced | Up to $22,056 |
| Married (Partner receives OAS) | Up to $29,136 |
| Married (Partner receives Allowance) | Up to $40,800 |
| Married (Partner doesn’t receive OAS or Allowance) | Up to $52,848 |
GIS Payment Dates for 2025
For April 2025, the Guaranteed Income Supplement payment will be issued on April 28, according to the official schedule.
While the $1120 speculation is unfounded, seniors will continue to receive their regular GIS payments of $1086.88 or $654.23, depending on their eligibility.
Here are the Guaranteed Income Supplement payment dates for the rest of 2025:
| Month/Year | GIS Payment Date |
|---|---|
| January 2025 | 29th |
| February 2025 | 26th |
| March 2025 | 27th |
| April 2025 | 28th |
| May 2025 | 28th |
| June 2025 | 26th |
| July 2025 | 29th |
| August 2025 | 27th |
| September 2025 | 25th |
| October 2025 | 29th |
| November 2025 | 26th |
| December 2025 | 22nd |
The Guaranteed Income Supplement program continues to play a crucial role in supporting low-income seniors in Canada. While speculation around a $1120 payment for April 2025 has circulated, official sources confirm that the regular payment amounts will remain unchanged.
Seniors should focus on meeting the eligibility criteria and stay informed about official payment dates to ensure they receive the financial support they need.
FAQs
When will I receive the Guaranteed Income Supplement payment for April 2025?
The GIS payment for April 2025 will be issued on April 28, 2025, according to the official payment schedule.
Is the GIS payment for April 2025 going to be $1120?
The $1120 figure is speculative and not confirmed by official sources. The actual Guaranteed Income Supplement payment will remain at $1086.88 for most recipients.
What are the eligibility criteria for GIS in 2025?
To qualify for Guaranteed Income Supplement, seniors must be 65 years or older, have legal residency in Canada, and meet specific income thresholds based on their marital status.