The Old Age Security (OAS)and the Guaranteed Income Supplement (GIS)are examples of which of the following?

Question

Quizplus · Accepted Answer

The Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) are both income security programs, which provide financial support to seniors in Canada. They are not part of the Canada Pension Plan (CPP), which is a separate program that provides retirement, disability, and survivor benefits to eligible contributors. The OAS and GIS are also not social assistance programs, which are designed to provide temporary or emergency financial aid to low-income individuals and families.