$956 OAS Pension Payment 2024: The government of Canada is taking good steps toward senior citizens in the country by providing them an extra 956 CAD under the OAS Pension Payment 2024. So all the senior citizens who are already availing the benefit of Old age Security Scheme are directly eligible to receive the extra payment of $956 in their bank account in this year. Read this article to get detailed information of the $956 OAS Pension Payment 2024, Including the payment releasing date, the increased payment in OAS in Canada, $956 OAS Pension Payment 2024 eligibility criteria to get extra benefits of OAS pension plan 2024 etc.
Government officials are discussing about the increment in inflation in the country which is increasing the cost of lifestyle in the country, especially for senior citizens. The cost of medical facilities, food arrangements, home rent, etc are continuously increasing and citizens are facing difficulties in handling this situation.
However, working citizens can tackle inflation through their extra work and earnings but Senior citizens who are more than 65 years old cannot work another source of income to face the inflation in the country. So these citizens are getting monthly pensions under the Old Age Security Scheme of the Canadian government which provides several benefits to the senior citizens in the country. But now the news is coming from the officials to increase 956 CAD in the pension of senior citizens under the OAS scheme.
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$956 OAS Pension Payment 2024
The official authorities have not released any notification about the increment in the monthly pension of OAS beneficiaries in the country. However, we should check the official website of the Canadian Revenue agency and other financial authorities that are providing monthly pensions to the candidates to get the exact date of receiving the increased OAS payment.
However, if we discuss the general pension of the OAS scheme then it is expected to be released on 26 April 2024 for April. So there are high possibilities to provide the additional amount in this month’s pension or the government can also adjust the additional amount with upcoming months’ pensions accordingly.
Eligibility for additional OAS payments
All the beneficiaries are eligible to receive the additional amount of 956 in OAS pension Payment in the upcoming days but you should check the official notification and eligibility criteria in the following section to check your eligibility:
- The applicant should be a Canadian citizen
- The applicant should live in Canada for at least 10 years after reaching the age of 18.
- The individual can apply for the scheme after the age of 65 to get a monthly pension
- If you want to get the full pension amount in OAS payment then you should live in the country for at least 40 years after the age of 18 so you will receive the 100% pension under the OAS scheme and the amount will automatically decrease according to the number of less years.
- Canada has social security agreements with some other countries. If you lived or worked in a country with such an agreement, it may affect your eligibility for OAS.
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Apply for new 956 OAS Pension Payment 2024
There is no need to apply again under the OAS pension scheme to receive the increase of 956 CAD this year as the authority will automatically identify the beneficiaries under the system where they will filter names of the candidates according to the source of income and other facilities which are availing by the beneficiaries.
However, if you have not applied under the Old Age Security Scheme in Canada then you can visit the official website of the Canadian government and log to your dashboard after that you will get the application link to fill out the application form online, however, if you are not familiar with the online procedure then you can go through the offline application mode in the department.
