booja@booja.ca to Canada@lemmy.ca · 9 months ago‘Why am I getting so little pension?’ Quebec woman turns to food bank, can’t make ends meetglobalnews.caexternal-linkmessage-square47fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-link‘Why am I getting so little pension?’ Quebec woman turns to food bank, can’t make ends meetglobalnews.cabooja@booja.ca to Canada@lemmy.ca · 9 months agomessage-square47fedilink
minus-squaren2burns@lemmy.calinkfedilinkarrow-up0·edit-29 months agoOAS recovery doesn’t start until $90,997 of annual income in 2024, so that’s not a factor. EDIT: It could reduce her GIS. The threshold for GIS recovery is $21,624, but from what she said, she also shouldn’t have that much income, even with the RRSPs.
minus-squaresbv@sh.itjust.workslinkfedilinkEnglisharrow-up0·9 months agoYeah, sorry. I get OAS and GIS mixed up.
minus-squaren2burns@lemmy.calinkfedilinkarrow-up0·9 months agoUnderstandable. GIS is automatically applied to an OAS applicant if they qualify, so a lot of people just think of them as the same program.
OAS recovery doesn’t start until $90,997 of annual income in 2024, so that’s not a factor.
EDIT: It could reduce her GIS. The threshold for GIS recovery is $21,624, but from what she said, she also shouldn’t have that much income, even with the RRSPs.
Yeah, sorry. I get OAS and GIS mixed up.
Understandable. GIS is automatically applied to an OAS applicant if they qualify, so a lot of people just think of them as the same program.