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Guaranteed Income Supplement (GIS) Status Amongst the Retired Population: An Analysis of the Incidence

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  • Ross Finnie
  • David Gray
  • Yan Zhang

Abstract

Our focus is on the event of receipt of low-income support benefits amongst Canadians who are 65 or older. The outcome that we model empirically is the incidence rate for Guaranteed Income Supplement (GIS) benefits. We estimate multivariate models to investigate the effects of age, cohort, marital status, province of residence, urban versus rural residency, and immigration status. We also include lagged variables tied to income and savings activity that occurred during the prime earnings years of retirees. We discern many sharp patterns for the incidence rate for most of these regressors. One notable finding is that with all other factors held constant, those with spouses are less likely to receive GIS benefits.

Suggested Citation

  • Ross Finnie & David Gray & Yan Zhang, 2013. "Guaranteed Income Supplement (GIS) Status Amongst the Retired Population: An Analysis of the Incidence," Canadian Public Policy, University of Toronto Press, vol. 39(s1), pages 65-80, May.
    • Handle: RePEc:cpp:issued:v:39:y:2013:i:s1:p:65-80
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    References listed on IDEAS

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    1. Michael Baker & Jonathan Gruber & Kevin Milligan, 2003. "The retirement incentive effects of Canada's Income Security programs," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(2), pages 261-290, May.
    2. Ross Finnie & Ian Irvine, 2008. "The Welfare Enigma: Explaining the Dramatic Decline in Canadians' Use of Social Assistance, 1993-2005," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 267, June.
    3. Finnie, Ross & Gray, David & Zhang, Yan, 2013. "The Receipt of Guaranteed Income Supplement (GIS) Status Among Canadian Seniors – Incidence and Dynamics," CLSSRN working papers clsrn_admin-2013-22, Vancouver School of Economics, revised 29 Apr 2013.
    4. Kevin Milligan & Tammy Schirle, 2008. "Improving the Labour Market Incentives of Canada's Public Pensions," Canadian Public Policy, University of Toronto Press, vol. 34(3), pages 281-304, September.
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    Cited by:

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    2. LoRiggio, Tessa & Morris, Todd, 2024. "The Gender Wealth Gap near Retirement in Canada," IZA Policy Papers 207, Institute of Labor Economics (IZA).

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