Guaranteed Income Supplement
The Guaranteed Income Supplement (GIS) is a type of money that the government gives to people who really need it. It's kind of like a fairy godmother who wants to make sure that older people who don't have a lot of money can still have everything they need to live a happy life.
You know how sometimes you might get a little bit of money as a gift from your parents or grandparents? Well, the government is kind of like that to older people who are living with very little money. The GIS is like a gift from the government to make sure they have enough money to pay for things like food, housing, and medicine.
The amount of money that someone might get from the GIS depends on how much money they receive from the government already. If they don't get very much, the government might give them a little extra money with the GIS. That way they can have enough money to pay for all the things they need to live.
So, the Guaranteed Income Supplement is really just a special type of money that the government gives to older people who don't have enough money to pay for everything they need. And it's kind of like a gift from the government to make sure that they can live a happy life.
You know how sometimes you might get a little bit of money as a gift from your parents or grandparents? Well, the government is kind of like that to older people who are living with very little money. The GIS is like a gift from the government to make sure they have enough money to pay for things like food, housing, and medicine.
The amount of money that someone might get from the GIS depends on how much money they receive from the government already. If they don't get very much, the government might give them a little extra money with the GIS. That way they can have enough money to pay for all the things they need to live.
So, the Guaranteed Income Supplement is really just a special type of money that the government gives to older people who don't have enough money to pay for everything they need. And it's kind of like a gift from the government to make sure that they can live a happy life.