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The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada 's public retirement income system, the other being Old Age Security (OAS).
The Ontario Disability Support Program (ODSP) [1] is a means-tested government-funded last resort income support paid for qualifying residents in the province of Ontario, Canada, who are at least eighteen years of age and have a disability. [2] ODSP and Ontario Works (OW) [3] are the two main components of Ontario's social assistance system.
The amount of OAS payment depends on how long the applicant has lived in Canada after the age of 18, whether or not they require financial assistance (being automatically reduced to zero above specified income thresholds). The Guaranteed Income Supplement (GIS) is a supplement to the OAS payment for very low-income and at-risk seniors.
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The Department of Human Resources and Skills Development was created in December 2003, when Human Resources Development Canada (HRDC) was split into two separate departments: Human Resources and Skills Development Canada (HRSDC) and Social Development Canada (SDC). Though they continued to share many common services and operations, Human ...
Pension Benefits Act R.S.O. 1990, C. P.8: Financial Services Commission of Ontario Quebec: Supplemental Pension Plans Act R.S.Q., c. R-15.1: Régie des rentes du Québec New Brunswick: Pension Benefits Act C. P-5.1: Office of the Superintendent of Pensions Nova Scotia: Pension Benefits Act RSNS 1989 C. 340: Office of the Superintendent of Pensions
The Old Age Security (OAS, French: Sécurité de la vieillesse) program is a universal retirement pension available to most residents and citizens of Canada who have reached 65 years old. This pension is supplemented by the Guaranteed Income Supplement (GIS), which is added to the monthly OAS payment for seniors with lower incomes.
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