This month, Yukoners who receive the Yukon Seniors Income Supplement (YSIS) will be issued their payment in two instalments instead of one.
The first instalment was issued on October 10, which consists of the regular supplement amount, plus an additional 6.4 per cent that has been added this month to adjust for inflation. Recipients will receive a second payment for the additional monthly inflation relief amount on October 18.
YSIS recipients are being notified directly by mail and can call 867-667-8772 with any questions.
This fiscal year, recipients of the Yukon Seniors Income Supplement (YSIS) are receiving a monthly inflation relief payment, which will amount to approximately 39 per cent of their YSIS payment.
As of this month, YSIS payments have increased by a further 6.4 per cent, as an additional adjustment for inflation.
Yukon residents must be 65 years old and receive Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) from the federal government to be eligible for the YSIS.
It is also paid to spouses between 60 and 64 years of age who receive the Spouses Allowance or the Survivors Allowance.
Zachary Burke
Communications, Health and Social Services
867-334-7986
zachary.burke@yukon.ca