Guaranteed Income Supplement (GIS) Dates
Official payment rules for Canada's non-taxable monthly Guaranteed Income Supplement (GIS) and Allowance benefits for low-income OAS pensioners.
How GIS Direct Deposits Are Issued
If you qualify for the Guaranteed Income Supplement, your GIS amount is automatically bundled into your monthly Old Age Security (OAS) deposit. You will receive a single combined payment into your Canadian bank account on the third-to-last business day of every month.
Key GIS Rules:
- 100% Tax-Free: Unlike CPP and standard OAS, the GIS is completely non-taxable on your T4A(OAS) slip.
- Annual July Recalculation: Your GIS rate is reassessed every July based on your CRA income tax return filed for the prior tax year.
- Disbursement Dates: Follows the identical schedule as Old Age Security (OAS).
Official Primary Data Sources
Verified against federal statutes, agency publication manuals, and Federal Reserve rules.
Official annual disbursement schedule detailing 2nd, 3rd, and 4th Wednesday delivery dates.
Federal statutory regulation governing staggered Wednesday payments based on beneficiary birth dates.
Standard banking holidays (Title 5 U.S.C. 6103) governing prior-business-day deposit shifts.
Consumer Price Index for Urban Wage Earners used for statutory COLA calculations under 42 U.S.C. § 415.