The program will also collect line 11600 from your spouse’s/partner’s income tax return.) Line 21000 – Deduction for elected split – pension amount (Applicable for senior couples only.Line 20800 – Registered Retirement Savings Plan deduction.Line 20700 – Registered Pension Plan deduction.Line 14600 – Net federal supplements (Guaranteed Income Supplement and Allowance).Line 14500 – Social Assistance payments.Line 12500 – Registered Disability Savings Plan (RDSP) income.To calculate your benefit amount, the Alberta Seniors Benefit starts with your total income as identified on line 15000 of your income tax return (combined with your spouse/partner’s total income) and then subtracts the following income deductions: Only the lines relevant to verifying your eligibility and determining your benefits are collected.
Your application to the Alberta Seniors Benefit program asks you to authorize the Canada Revenue Agency to release limited income information to the Alberta government.
Your income information is needed each year to accurately calculate your benefits. whether you receive the federal Old Age Security pension (you have lived in Canada for 10 years)īenefits are paid based on your previous calendar year’s total income, from January to December.your income, combined with your spouse/partner's income, regardless of age.The amount of benefit you may be eligible to receive is determined by: These income levels are guidelines only, and are for seniors whose income includes full Old Age Security pension. In general, a single senior with an annual income of $31,080 or less, and senior couples with a combined annual income of $50,720 or less, may be eligible for a benefit. the month following 3 months of permanent residency in Alberta (for example, if you moved to Alberta on July 15, you are eligible to receive benefits on October 1 of the same year).If you are a new Alberta resident, you are eligible to begin receiving benefits on the later of the following dates: You do not need to share any personal information to use the calculator. Use the Seniors Benefit Estimator to help determine your eligibility for seniors financial assistance programs. Note: If you or your spouse or partner have chosen to defer or delay receipt of Old Age Security (OAS), you are not eligible for seniors financial assistance programs. receive the Old Age Security pension from the Government of Canada.be a Canadian citizen or permanent resident.have lived in Alberta for at least 3 months immediately before applying.be 65 years of age or older (benefits may start the month of your 65th birthday).To be eligible for the Alberta Seniors Benefit you must:
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