The Guaranteed Income Supplement (GIS) has been in effect since January 1, 1967. This provides a monthly non-taxable benefit to low-income Old Age Security (OAS) recipients that meet certain income and residency requirements. The GIS is reduced by $1 for each $2 of income, excluding the OAS pension and other defined income amounts. Rates are adjusted periodically to reflect any increases in the cost of living as measured by the consumer price index.
| Guaranteed Income Supplement | Jan 2010 | Jan 2011 |
|---|---|---|
| Single | $652.51 | $661.69 |
| Spouse of A Non-OAS pensioner An OAS pensioner An Allowance recipient |
$652.51 $430.90 $430.90 |
$661.96 $436.95 $436.95 |
For more details, please contact Service Canada or visit their website at Guaranteed Income Supplement (GIS)