GIS $1120 Per Month Deposit In April 2025 – Know Eligibility & Deposit Date

By
On:

In Canada, Guaranteed Income Supplement is the monthly financial assistance benefit that is provided to the seniors that claim for Old age pension. This GIS Deposit is the additional payment that is being provided to the old age security claimants. As like OAS, GIS benefit is also indexed to inflation and each quarter, Service Canada revises these benefits amounts based on CPI. As we are now moving to the second Quarter, the GIS is going to be revised. Various speculations suggest that GIS $1120 Per Month Deposit In April 2025 will be given out. Let’s know whether $1120 is the actual GIS payment from the second quarter or some other amount. 

GIS $1120 Per Month Deposit In April 2025

The GIS $1120 Per Month Deposit In April 2025 represents a new inflation indexed amount. The $1120 monthly amount is being anticipated for the Guaranteed Income Supplement from the second quarter. For the first quarter the amount was $1086.88 and now this amount is speculated to be raised to $1120 per month. It means that a $33.12 monthly boost can be seen in GIS Payment. But is this $1120 raise to GIS Payment really reliable. If we see CRA official announcements, it’s said that Guaranteed Income supplement benefit will not be revised for the second quarter and the same or previous amounts should be followed. If this is the actual then what’s this $1120 GIS Payment? This $1120 just comes from speculations and rumours which are not reliable. 

GIS $1120 Per Month Deposit In April 2025

CRA Guaranteed Income Supplement 2025 – Overview

Post Title GIS $1120 Per Month Deposit In April 2025
Country Name Canada 
Issuing Agency Service Canada
Year2025
Month April 
Payment Details Guaranteed Income Supplement 
CRA GIS Benefit Eligibility 2025 Qualified Low Income 65 or 65+ Residents 
Expected Payment$1120 Per Month 
Frequency of the GISMonthly
Purpose Monetary assistance to low income seniors 
Canada.ca GIS Benefit Dates 2025See this Guide 
Inflation Adjustment Quarterly 
Category of the Post Finance
Official Web Page www.canada.ca

Canada GIS Benefit Eligibility 2025 

This $1120 is the speculated raised GIS payment for April 2025 and this raise amount is not reliable as there is no raise to Guaranteed income payment. The eligibility rules remains unchanged and these rules are:

  • 65 or 65+ resident of Canada. 
  • A 10 year legal status holder of Canada from 18 years of age. 
  • A Old age security claimant. 
  • Lower Income Threshold need to be passed:
Status Income Threshold
Single, Widowed, Divorced $22,056
Married (Partner gets OAS Pension)$29,136
Married (Partner gets Allowance) $40,800
Married (Partner does not get OAS and Allowance) $52,848

Canada.ca GIS Benefit Dates 2025

This $1120 benefit is speculated for April 2025 but in reality this amount will not be provided. But the regular payment of $1086.88 and $654.23 will be given as per the regular schedule only. 

Month / YearGIS Benefit Dates 
January / 2025 29th 
February / 2025 26th
March / 2025 27th
April / 202528th
May / 2025 28th
June / 2025 26th 
July / 202529th
August / 2025 27th
September / 2025 25th
October / 2025 29th 
November / 2025 26th 
December / 2025 22nd 

Fact Check: $1120 Monthly GIS Deposit April 2025

As Guaranteed Income Supplement benefits get adjusted each quarter and this April month is the time for the adjustment, $1120 is speculated as adjusted amount. But as per current CRA reports, it’s said that the Guaranteed Income supplement will not have any raise for the second quarter and the amounts will remain unchanged. It means that this $1120 speculated monthly GIS Payment is just an anticipation that will not be reality for the second quarter. But it might be possible that in the third quarter, starting from July 2025, the raise will be provided to the GIS Payment. For the GIS updates, Canada.ca portal of Service Canada can be followed.

FAQ Related To GIS $1120 Per Month Deposit In April 2025

What is $1120 Per Month GIS Deposit April 2025?

The $1120 is the speculated monthly GIS Payment that will be out from April 2025. 

Is this $1120 Guaranteed Income Supplement April 2025 reliable?

No, this $1120 Monthly GIS Benefit for April 2025 is not reliable. 

Will Service Canada issue any raise to GIS Payments from the second quarter?

No, Service Canada will not issue any raise to GIS Benefit from April to June 2025. 

How much Service Canada offers for GIS Claimants in April 2025?

In April 2025, the Service Canada will provide $1086.88 or $654.23 to GIS Claimants as per their marital status. 

How do the 65 or 65+ low income residents verify their GIS Payments?

The 65 or 65+ low income residents can verify their GIS Payments through Canada.ca portal of CRA or via MSCA. 

Kiran Iyer

Kiran Is a full time content creator on simhachalamdevasthanam.net, She has experience of 7.5 Years in this field. She has been writing and editing content ever since. She has expertise in Finance and News articles as she has done her graduation mass media and communications.

Join Our WhatsApp Channel

Leave a Comment