Starting on July 5, 2022, residents in Newfoundland and Labrador who receive the income supplement and seniors’ benefit will receive a 10 percent increase in their quarterly payments .

Approximately 162,000 individuals and families receive the income supplement. This funding provides up to a total of $1,000 per year for a family of four.

Over 50,000 seniors and their families receive the seniors’ benefit. Eligible individuals will receive up to $1,444 annually.

No application for the benefits is required. However, eligible individuals must ensure their annual income tax return is filed in order to receive the benefits. Eligibility is based on family net income from the previous year.

The Government of Newfoundland and Labrador is providing increases in the income supplement and seniors’ benefit as part of its overall plan to help residents with the cost of living. Since March 2022, government has announced $222 million in targeted short- and long-term investments.

More information on the income supplement and seniors’ benefit, including a calculator, is available here.

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Media contact
Victoria Barbour
Finance
709-729-4087, 327-6152
victoriabarbour@gov.nl.ca