OAS Payment Dates April 2024 – When Will You Get Old Age Pension Payment this Month?

As a result of the increased rate of inflation individuals are not able to fulfill their basic needs and requirements. As a result of this increased rate of inflation, the government of Canada has decided to provide the OAS Payment to the senior citizens of Canada. Here the main aim of the initiative of the government authority is to offer financial assistance to individuals that are in need. This payment will be provided by either check or will be deposited directly into the bank account of the applicant.

OAS Payment Dates April 2024

The old age security (OAS) payment is very important for senior citizens as they are not working and therefore not have any income. Such assistance will be providing them monetary help which will help them in meeting their expenses that are related to food, shelter, and medication. Apart from this, by receiving this payment, they will become self-dependent and will be requiring no one for financial help. There are many taxes that are paid by the individuals of Canada when these individuals are in their earning period. Among all such taxes that are paid by the individuals of Canada, the individuals are required to make a contribution to the Canada Pension Plan to get a pension on growing older.

In return, the federal government of Canada as well as the Canada Revenue Agency will offer some benefits to the individuals that are eligible. These benefits include the Canada Pension Plan, Canada Child Benefits, Old Age Security as well as Climate Action Incentive.

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OAS Payment Date: Overview

TitleOAS Payment Dates April 2024
ProgramOld Age Security
Provided byCanada Revenue Agency
Age limit65 years or more
CategoryGovernment Aid
Websitewww.canada.ca
GovernmentGovernment of Canada

OAS Payment 2024

  • The senior citizens of Canada are getting their pension as Old Age Security or OAS Payment.
  • These payments are provided to individuals that are meeting the criteria of eligibility on a monthly basis.
  • It is important for all the receivers to get these payments directly into the bank account of the receiver.
  • The federal government of Canada uploads relevant information regularly that is related to the OAS benefit on the official website of the government that is www.canada.ca.
  • The old age pension or OAS Payment is not linked to the contribution history of the individuals. This is generally funded from the general tax revenue that is provided to all the citizens who are eligible regardless of their working experience and level of income.
  • The Canada Revenue Agency along with the government of Canada uploads this information regularly.
  • The OAS payment will be provided to the senior citizens in the month of April 2024.
OAS Payment Dates April 2024

OAS Payment Dates April 2024

In this section, I have provided the information related to the payment date of the OAS.

  • The payment amount will be provided to the eligible senior citizen every month upon claiming the benefit.
  • The schedule of the payment for the above payment will be initiated by the federal government of Canada.
  • These checks can be either provided directly in the bank account of the eligible individuals or will be provided by paper checks traditionally.
  • The confirmed OAS Payment Date will be made available by the government of Canada on their official website. It is thus recommended that the individual visit the official government website to learn more about the payment date.
  • The information related to the payment date in 2024 is provided below:
MONTH OAS Payment Deposit Date 2024
JanuaryJanuary 29, 2024
FebruaryFebruary 23 2024
MarchMarch 27, 2024
AprilApril 27, 2024
MayMay 28, 2024
JuneJune 27, 2024
JulyJuly 28,  2024
AugustAugust 29, 20 24
SeptemberSeptember 26, 2024
OctoberOctober 28, 2024
NovemberNovember 26, 2024
DecemberDecember 21, 2024

OAS payment Date Confirmation

  • It is very important for the individual to register in the OAS program to fulfill the eligibility requirement successfully.
  • The first step for checking the OAS Payment Date is to visit the official website that is www.canada.ca. You are then required to scroll down to get the OAS Application Form.
  • All the applicants are then needed to fill up the significant information. The individual is also needed to provide documents and then click on the submit button.
  • You should submit the application form by making use of the MY Service Canada account.
  • Make sure to double-check your application form before submitting the application form. The main reason for checking the application is that this way you can avoid the chances of any mistake and thus can increase the chances of getting the benefit amount.

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Eligibility criteria for OAS Payment

Several criteria of eligibility need to be followed by the senior citizens to get the OAS Payment amount. This payment will be provided to the eligible individual on a monthly basis. These criteria of eligibility are already provided by the government authority of Canada.

  • The individuals are needed to be permanent residents of Canada to get the OAS payment.
  • The next criterion of eligibility is that the receiver should be either 65 years old or older to become eligible for this payment amount.
  • If the resident of Canada is living outside the country then they will be also eligible for the payment amount. However, it is important that they should live there for 10 years or more after crossing 18 years.
  • If the senior citizen is above 65 years old and is suffering from any disability or illness then too they can get the payment amount. However, these individuals need to provide proof of their disability for getting the benefit.
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3 thoughts on “OAS Payment Dates April 2024 – When Will You Get Old Age Pension Payment this Month?”

  1. Is rhat extra money going to be taxed at income tax time and are we just going to get dinged if you are on a housing program?

    Reply

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