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Social Insurance Programs

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AIRS/INFO LINE Term

NS Social Insurance Programs


Definition

Programs that have been established by law and are generally compulsory in nature which provide cash income on a regular basis or payments to meet a designated need for people who are entitled to benefits based on their own or their employer's contributions to the program, their service to the country or, in Canada, their age. Although there may be assessment procedures to confirm eligibility, there are no financial means or assets tests associated with these benefits.

Used For

Insured Income Programs

See Also