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Guaranteed Income Supplement

A federal program that provides additional payments for recipients of Old Age Security with a low annual income (or, in the case of a couple, a low combined income of the applicant and spouse or common-law partner). Recipients must re-apply annually for the Guaranteed Income Supplement benefit by filing an income statement or by completing an income tax return. The Guaranteed Income Supplement is not subject to income tax.

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The above terms and definitions are part of the Taxonomy of Human Services, used here by permission of INFO LINE of Los Angeles.


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