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If Your Sole Source of Income at Retirement Is OAS

Question 44

Multiple Choice

If your sole source of income at retirement is OAS (based on 2010 figures) ,


A) you will also receive the CPP supplement of $890 monthly.
B) you will also receive the GIS of about $650 monthly.
C) you will receive the GIS allowance, but it prevents you from earning other income.
D) you will receive the supplement that will increase your income to about $20 000 per year.

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