Saskatchewan again is raising the maximum monthly benefit provided through the Seniors Income Plan or SIP. The benefit will increase by $30 per month.
The SIP benefit will increase from $300 per month to $330 per month for singles and from $265 per month to $295 per month for each pensioner in a married, two-pensioner household, for a total of $590 per month.
“This investment in the Seniors Income Plan will help seniors across the province participate in their communities while living more comfortably and securely,” says Social Services Minister Gene Makowsky.
SIP provides financial assistance to seniors who receive little or no income, other than the federal Old Age Security pension and the Guaranteed Income Supplement.
More information about SIP can be found on the government’s website.