Old Age Security Pension And Guaranteed Income Supplement To Increase On July 1

Ottawa – Single seniors who have little or no income other than the Old Age Security (OAS) pension will have a few more dollars in their wallet.

As a result of quarterly indexation, on July 1, 2019, the maximum OAS pension amount will increase to $607.46, and the maximum Guaranteed Income Supplement (GIS) amount will increase to $907.30 for single seniors and to $546.17 for each member of a couple. The most vulnerable single seniors will have received, by the end of 2019, $2,097 more in OAS/GIS benefits compared to what they would have received in 2015.

For more info:

Be the first to comment on "Old Age Security Pension And Guaranteed Income Supplement To Increase On July 1"

Leave a comment

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.