Are Canadian Seniors Getting Extra Money 2024. The $1,200 extra oas payment is a crucial support measure designed to help canadian seniors manage the rising cost of living due to inflation. On top of the pension, seniors and their partners may also be eligible for extra benefits such as the guaranteed income supplement, allowance and the allowance for the survivor under the oas.
As of 2024, canadian seniors may see a significant increase in their old age security (oas) payments due to additional government support. The old age security (oas) pension is a vital source of income for many canadian seniors.
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