Seniors in 'complete shock' when income supplement is cut after receiving emergency benefits
Seniors are facing unexpected clawbacks as a result of receiving the Canada Emergency Response Benefit.
Like employment insurance, the guaranteed income supplement (GIS) is income-tested. That means the previous year's taxable earnings -- including emergency benefits -- factor into how much gets doled out in the next payment period (recipients are notified of their entitlements each July).
"This may result in a loss of entitlement if the person's income (or joint income, where applicable) exceeds the threshold at which GIS benefits are completely phased out," said Employment and Social Development Canada spokesman Samuelle Carbonneau in an email.
For single seniors, GIS benefits kick in if they make less than $18,984 annually, with a monthly maximum of $936. The eligibility threshold for couples is $45,504.
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Date
Aug 05, 2021
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By
Christopher Reynolds
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