CRA Releases New OAS Dual $1300+$250 Extra Payment: Know Eligibility & Deposit Dates

In Canada, the CRA Releases New OAS Dual $1300+$250 Extra Payment for all eligible citizens to help with living costs in increased inflation rates in the country. Senior citizens, who are facing overage to work and face challenges in meeting their requirements due to low income and more expenses are benefited by the program. As we know, citizens need to consider eligibility criteria to receive these benefits directly into their bank accounts.

The Canada Revenue Agency, which is also known as CRA, Releases New OAS Dual $1300+$250 Extra Payment for seniors, under the OAS program. The Old Age Security payment is set up by the government to provide benefits to its citizens who are unable to meet their requirements. Canadians who are receiving the benefits of Old Age Security need to check the New OAS Dual payment eligibility to know whether they receive this benefit or not.

CRA Releases New OAS Dual $1300+$250 Extra Payment

As we know, increased inflation rates and increasing costs are rapidly changing in Canada, due to sudden changes in the economy. Because of this increase, the situation of low-income citizens became worse, they needed to face hardships in financial requirements. Likewise, senior citizens who can’t work due to their age are forced to live under an unstable living environment, which results in poverty and starvation.

$1300+$250 Extra Payment Complete Program Details

The Canada Revenue Agency joins hands with the country’s Federal Government, then OAS Dual $1300+$250 Extra Payment to help the citizens. This amount will be considered as an increase in Old Age Security pension, which means citizens who are receiving its benefits are directly eligible for it.

OrganizationCanada Revenue Agency (CRA)
CountryCanada
PaymentMay 2024
Amount$1300+$250
CategoryGovernment Aid
Official Websitehttps://www.canada.ca/

The amount of payment might not be higher, but it will provide stability and support them to enable their required facilities which are important for living. Till now, there is no confirmation from the authorities regarding the dual $1300+$250 Extra Payment for the beneficiaries of the OAS program.

OAS Dual $1300+$250 Extra Payment Eligibility Criteria

Canadian citizens who are interested in receiving the benefits of the OAS Dual $1300+$250 Extra Payment, need to follow the eligibility requirements. The Canada Revenue Agency has ensured that only suffered, affected and needy seniors will get the payment with the minimum age of 65 years.

So, the factors of eligibility requirements which need to be strictly followed by the citizens are as follows:

  • Qualified citizens must be a permanent resident of Canada.
  • Qualifiers must be living in Canada for 10 years starting from the age of 18 years.
  • Canadians need to have a minimum age of 65 years or above for payment.
  • Outsiders, need to be lived in Canada for at least 20 years, starting from the age of 18 years.
  • Outsiders must have a legal permit to work and stay in Canada.
  • Canadians working outside, need to return to the country within 6 months of completion employment.
  • Candidates turned 65 years and still working, need to maintain a residence in Canada during their work period in another country.
  • Qualified citizens need to meet the income threshold given by the department.

OAS Dual $1300+$250 Extra Payment Dates Schedules

The department of Canada Revenue Agency has given the dates for complete every month of the year 2024. The seniors only need to qualify the eligibility criteria to be able to get complete benefits of the program. Payment will be provided to the citizens through bank transfer otherwise, through cheque. Usually, cheques will only be delivered on the last three business days of each month, to the e-mail address of the seniors provided during the application process.

MonthPayment Dates
JanuaryJanuary 29, 2024
FebruaryFebruary 27, 2024
MarchMarch 26, 2024
AprilApril 26, 2024
MayMay 29, 2024
JuneJune 26, 2024
JulyJuly 29, 2024
AugustAugust 28, 2024
SeptemberSeptember 25, 2024
OctoberOctober 29, 2024
NovemberNovember 27, 2024
DecemberDecember 20, 2024

How to Apply for $1300+$250 Extra Payment 2024?

To apply for the OAS Dual $1300+$250 Extra Payment, citizens of Canada need to follow some basic steps which are as follows:

  • Open the Government of Canada’s official website https://canada.ca/ using your laptop or computer.
  • On the homepage, scroll down the cursor and find, click on the benefits.
  • On benefits, a list of programs will show up on screen, find and click on Public Pensions.
  • Now, click on the “Access my Services Canada Account”, which will redirect to the new page.
  • Then, login into your account using username or password, otherwise direct login using mail.
  • On your portal, click on the Application link for Old Age Security.
  • Then, in this page, you need to fill out the details which are requested.
  • Attach all the documents which are required and make sure you check every detail clearly.
  • After Verifying, click on the submit button and wait for the response of authorities.

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