Old Age Security
The Old Age Security program is the Government of Canada's largest pension program. It is funded out of the general revenues of the Government of Canada, which means that you do not pay into it directly.
Old Age Security pension
In addition to the Old Age Security pension, there are three types of Old Age Security benefits:
- Guaranteed Income Supplement
If you live in Canada and you have a low income, this monthly non-taxable benefit can be added to your OAS pension.
If you are 60 to 64 years of age and your spouse or common-law partner is receiving the Old Age Security pension and is eligible for the Guaranteed Income Supplement, you might be eligible to receive this benefit.
- Allowance for the Survivor
If you are 60 to 64 years of age and you are widowed, you might be eligible to receive this benefit.
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