Which of the following statements best describes The Guaranteed Income Supplement (GIS) ?
A) It is a federal government transfer that goes to nearly all Canadians aged 65 or over.
B) It is a federal government transfer that tries to help people maintain their pre-retirement income level.
C) It is a federal government transfer that maintains widows or widowers of former Family Allowance (FA) recipients.
D) It is a federal government transfer that goes to people with no income other than the Old Age Security (OAS) .
Correct Answer:
Verified
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