Almost 90,000 Seniors Facing Guaranteed Income Supplement Cut for Accepting Pandemic Benefits
Almost 90,000 Canadian seniors are being hit by a sudden cut to their monthly income because they accepted a federal financial benefit that was supposed to help them weather the pandemic.
Low income seniors who received the Canada emergency response benefit (CERB) are seeing their guaranteed income supplement (GIS) payments clawed back as a result.
GIS is intended to help low income seniors make ends meet. The payments are based on income. A single senior earning less than $19,248 qualifies for GIS. The cutoff for couples can be as high as $46,128, depending on their pension situation. In 2021, the maximum monthly payment under the program is $948.82.
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Date
Nov 05, 2021
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By
Peter Zimonjic
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