B4 - Sunday, April 1, 1984 - North Shore News

PENSIONS
GET ABOOST

INCREASES IN THE Old
Age Security pension,
Guaranteed Income Supple.
ment and Spouse's
Allowance will take effect in
April, Health and Welfare
Minister Monique Begin an-
nounced recently

The normal! tndexung for
mula (providing a full cost.
of living increase) is being
apphed to the Old Age
Secunty cheque for April,
May and June

The five per cent annual
limit) will not have to be ap
phed to the Old Age Security
cheques tor the second
quarter of 1984 because the
rate of inflagion has been fall
Ing in recent months

As aresult, effective April
1984 the basu Old Age
Security pension will be ip
steased to $266 28 monthly
from the present $263 7K

The maximum Craranteed
Income Supplement for an
mdividual of a martied per
son Whose spouse ry recening
neither a pension nora
Spouse's Allowance will bo
mercased to $267 V4 from its
$268 60 Added re

current

Tax

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Family Allowance

et aes sy, beet

OM elie

PERRAULT, SMYT

the basic pension, this will
give a person receiving both
the OAS and the maximum
GIS a month total of
$533 61

The maximum (,uaranteed

Income Supplement for oa
marnied couple, both of
whom are pensioners, will in
crease to $206 11 cach trom

$204 86 Added to the basic
pension ths will give each
married pensioner recening
the maximum GilS a total of

$472 39 ot $944 7R for the
couple

The (suaranteed  laconie
Supplement is paid to pen
sioners whose income. apart
from the Odd Age Security
Pension, as limited and the
amount varies

The mani ( Spreuse 5
Allowance will imerease ooo
$472 WY trom $468 64 feos

made up oof an atienunt
Old
Age Securtty pension and the

Maximum GolS at the married

equivalent fo the bas

rate Vts pard co persons bet
ween OOF and OS vears of age
who arcmarnicd to OAS pen
stoners and mect residence te

QUlLEcmcnt,s

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