What is Guaranteed Income Supplement?
The Guaranteed Income Supplement provides additional money, on top of the Old Age Security pension, to low-income seniors living in Canada. To be eligible for the GIS benefit, you must be receiving the Old Age Security pension and meet the income requirements explained below. It is vital that your income tax returns are up-to-date and spouse’s taxes are filed separately.
Related Questions
- I read about the Guaranteed Income Supplement, Allowance and Allowance for the Survivor maximum exemption amount for employment income being increased to $3,500. Where can I find more information?
- I read about the Guaranteed Income Supplement, Allowance and Allowance for the Survivor maximum exemption amount for employment income being $3,500. Where can I find more information?
- What if my clients receive income-tested benefits (e.g. Guaranteed Income Supplement (GIS) and the Canada Child Tax Benefit)?