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DeOwsenyning a house or condo (or any other assets) does not affect GIS eligibility. The only 3 factors are:- receiving OAS;- marital status;- income (combined income if married or C/L).In your example, if the person is receiving “full OAS” (based on having lived in Canada for 40 years after age 18), is single and has income only of $400/mth CPP, they would be eligible for GIS in the amount of $481.76/mth.
Great post!! I love hearing about how the cutie pies are doing. I seriously can only imagine how much work it is. Cannot wait to meet my nephew and niece! Love to you all. xoxo
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DeOwsenyning a house or condo (or any other assets) does not affect GIS eligibility. The only 3 factors are:- receiving OAS;- marital status;- income (combined income if married or C/L).In your example, if the person is receiving “full OAS” (based on having lived in Canada for 40 years after age 18), is single and has income only of $400/mth CPP, they would be eligible for GIS in the amount of $481.76/mth.
Great post!! I love hearing about how the cutie pies are doing. I seriously can only imagine how much work it is. Cannot wait to meet my nephew and niece! Love to you all. xoxo