Recent buzz around a $1,500 + $300 Old Age Security (OAS) payment for Canadian seniors in April 2025 has led to confusion and curiosity. With many retirees depending on OAS as a vital source of income, such a payment would be a significant financial relief. But is this payment real? And who would qualify if it were? Continue reading
GIS
April 2025- $2,928 CPP Payment + $825 Bonus – Eligibility, Payment Details, And More!
In Canada, understanding the financial benefits available during retirement is crucial. Two of the most essential programs supporting seniors are the Canada Pension Plan (CPP) and Old Age Security (OAS). These programs, along with the Guaranteed Income Supplement (GIS), provide a significant portion of retirement income to seniors. As rumors about a “$2,928 CPP payment + $825 bonus” circulating Continue reading
GIS $2,189 April 2025 Payment – Key Dates, Eligibility & How Much You’ll Get
Canadian seniors relying on government income support will receive a major financial boost this spring. The Guaranteed Income Supplement (GIS) for April 2025 is set to provide eligible recipients with up to $2,189 in combined benefits. This amount includes both the Old Age Security (OAS) pension and the GIS, depending on personal circumstances such as marital status and income level. Here’s Continue reading