Budget 2019 Purposes to Enhance Guaranteed Income Supplement (GIS) Earnings Exemption

I’ve heard from seniors, that they’d like the ability to work part-time without worrying about their GIS being clawed back.

Budget 2019 proposes to enhance the Guaranteed Income Supplement (GIS) earnings exemption, beginning with the July 2020-21 benefit year.

The enhancement would:

✔️Extend eligibility for the earnings exemption to self-employment income.

✔️Provide a full or partial exemption on up to $15,000 of annual employment and self-employment income for each GIS or Allowance recipient as well as their spouse.

Learn more: https://www.budget.gc.ca/…/do…/themes/seniors-aines-en.html…

2019-03-29T11:25:04+00:00