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Guide to Senior Benefits in Alberta

senior benefits alberta

Our older loved ones want to enjoy happy and fun-filled lives after retirement. But they will need to be financially secure to afford the comfortable lifestyle they desire.

Fortunately, several provincial governments in Canada have set up different financial benefits to support post-retirement life for older adults. In Alberta specifically, various benefit programs provide some relief to older people’s cost of living.

Seasons Retirement has several communities in Alberta, where we offer diverse living options to adult residents. In line with our focus on residents’ financial security, we’ve curated this piece to discuss the senior benefits Alberta has to offer.

Continue reading to learn about the financial benefits that your parents and grandparents can enjoy in Alberta.

3 Senior Benefits in Alberta

Older persons are well cared for by the government of Alberta, and if you are wondering what benefits do seniors get in Alberta?’, you can find your answers below:

1.    Alberta Seniors Benefit

The Alberta Seniors Benefit is a scheme created by the government to provide financial assistance to older adults. This program pays a monthly stipend to older people based on factors such as marital status, accommodation, income, etc.

Requirements for Alberta Seniors Benefit

Before your loved one can apply for the Alberta Seniors Benefit, they must meet specific requirements. Below are the eligibility criteria for this benefit.

  • They must be at least 65 years old.
  • They must have been residing in Alberta for a minimum of three months.
  • They must be citizens or a permanent resident of Canada.
  • They must be recipients of Old Age Security (OAS) payouts.

Also, specific income requirements must be met before your loved one may be eligible for the Alberta Seniors Benefit. The program’s officials will check if your older folk’s total income in the previous year qualifies them for the benefit. Then, they will determine their due monthly grant amount.

How to Apply for Alberta Seniors Benefit

If your older loved one is eligible for the Alberta Seniors Benefit and is interested in taking advantage of the program, here are step-by-step guidelines to follow to apply:

Step One – Fill out the Seniors Financial Assistance application form

To complete this step, you may need to submit the following:

  • Income estimate form: for those applying for the first time or individuals with a reduced income from the previous year.
  • Income information form: for those who haven’t filed their tax return for the previous year.
  • Direct deposit form: for individuals who want to receive their monthly payment through bank transfer.
  • Undertaking to Administer Benefits and Certificate of Incapability.
  • Authorization of Representative: if your loved one wants another individual to represent them and take care of their Alberta Seniors Benefit.

Step Two – Submit a photocopy of valid and verifiable means of identification such as driver’s license, birth certification, passport, etc.

Step Three – Submit the application form

You or your loved one can do this online via the Alberta Senior Financial Assistance portal or by faxing and mailing the form.

2.    Alberta Blue Cross for Extended Health Benefits

This group of Alberta seniors’ financial assistance focuses on providing health relief to older adults. It covers medical services like dental aid, optical aid, massage therapy, physiotherapy, etc. Consistent with other government financial aids, eligibility depends on your loved one’s income.

For the Dental Assistance for Seniors program, there is the provision of basic dental coverage to a tune of $5,000 every five years. It covers essential dental services like examinations, scaling/root planing, fillings, extractions, root canals, and dentures.

Meanwhile, the Optical Assistance for Seniors program offers up to $230 in financial aid to purchase prescription eyeglasses every three years. Also, annual optometry tests for older adults are covered by this benefit scheme.

Your loved one will need to contact the Department of Health and Social Services to find out if they are qualified for Alberta Blue Cross for Extended Health Benefits and to figure out how to apply.

3.    Seniors Home Adaptation and Repair Program (SHARP)

The Senior Home Adaptation and Repair Program is one of Alberta’s senior benefits. It provides low-interest home equity loans to assist older people in paying for their home maintenance, repair, and renovation fees.

These repairs or upgrades must enhance energy efficiency in the home or improve the homeowner’s quality of life, at least.

The scheme offers a maximum amount of $40,000 in loan, which can be repaid upon the sale of the house or earlier by the homeowner. It is, however, essential to point out that monthly reimbursements are not required.

Requirement for Seniors Home Adaptation and Repair Program (SHARP)

To be eligible for SHARP, these are the criteria and qualifications that your older loved one must meet:

  • They must be at least 65 years of age.
  • They must have been staying in Alberta for a minimum of three months.
  • They must own a residential property in Alberta.
  • Their annual household income must not exceed $75,000.
  • They must hold at least 25% equity of their home.

It is worth mentioning that low-income individuals ineligible for the SHARP loan can apply for SHARP grants for seniors in Alberta.

How to Apply for the Seniors Home Adaptation and Repair Program

To apply for this financial scheme, your loved one needs to fill out the Seniors Home Adaptation and Repair Program application form on the program’s website. After completing the application, they can proceed to mail the signed form to the SHARP’s office.

Other Senior Benefits in Alberta

The following are other financial benefits that your parents and grandparents can enjoy in Alberta:

1.    Senior Property Tax Deferral Program

The Senior Property Tax Deferral Program provides older adults with low-interest home equity loans, allowing them to defer all or part of their property tax payments.

The Government of Alberta assists eligible candidates by directly paying their residential property taxes. Beneficiaries, however, are expected to pay back the loan with interest when they sell their property or earlier if they can afford to.

2.    Special Needs Assistance For Seniors

It is one of the senior benefits the Alberta government has set up to provide a one-time payout to older adults, assisting them in covering their health, personal, and household expenses. The maximum payout from this benefit is $5,105 per payment period.

Conclusion

The Alberta Government prioritizes the financial needs of older adults in the province. As a result, they’ve made sufficient financial provisions for your parents and grandparents to enjoy themselves and live their best life in retirement.

In addition to the government’s benefits, Seasons Retirement strives to offer the best living conditions for retired Albertans. Connect with us to learn more about how we help our residents enjoy their retirement alongside the benefits they receive.

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