What are government pension benefits?, Loans from banks, Payments to seniors from the government, Private investments, Which are three main government pension benefits in Canada?, OAS, CPP, GIS, CPP, RRSP, TFSA, Income, savings, pension, Do government pension benefits start automatically?, Yes, No, Only for CPP, At what age do most people start receiving Old Age Security (OAS)?, 60, 65, 70, How long must a person live in Canada to qualify for OAS as a resident?, 5 years, 10 years, 20 years, What is required to qualify for the Canada Pension Plan (CPP)?, Owning a house in Canada, Working and contributing to CPP, Being over age 65 only, What is the purpose of the Guaranteed Income Supplement (GIS)?, To give extra money to low-income seniors, To pay student loans, To replace CPP, Are OAS and CPP taxable income?, yes, no, only OAS, Why are government pension benefits important?, They help seniors pay for living expenses, They are used for travel only, They are optional savings accounts.
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CPP/OAS/GIS
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Taylorann2
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