Feds move up timeline to repay benefit clawbacks for low-income seniors
OTTAWA — The federal government says it plans to hand out millions in benefits in April to low-income seniors who saw their income top-ups reduced because they received emergency pandemic aid.
The government has set aside $742.4 million to help some 200,000 low-income seniors recoup drops in the value of their guaranteed income supplement payments.
About 83,000 seniors lost the key income support because the emergency pandemic aid bumped their earnings above the threshold to qualify for the guaranteed income supplement.
The payments were not expected to go out until May, but Seniors Minister Kamal Khera says the government expects payments to go out in mid-April.