The Guaranteed Income Supplement (GIS)benefit will be subject to clawback if

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The Guaranteed Income Supplement (GIS) is designed to provide additional financial support to low-income Old Age Security (OAS) pension recipients. The GIS amount is determined based on income, and it is subject to a clawback if the pensioner receives income other than the OAS pension. This includes employment income, investment income, and income from other pensions. Savings and investments do not directly affect GIS eligibility unless they generate income that is considered in the income test. Age is not a direct factor for GIS clawback, but rather for eligibility, as GIS is available to those who are receiving OAS, typically starting at age 65.

The Guaranteed Income Supplement (GIS)benefit Will Be Subject to Clawback