Terrace Bay Public Library Digital Collections

Terrace Bay News, 8 Sep 1977, p. 11

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SEPTEMBER 8, 1977 TERRACE BAY NEWS PAGE 11 t OBE G.E.S. NORTHERN AFFAIRS MOOSE BINGO The Loyal Order of Moose will sponsor a Bingo on Thursday, Septem- ber 8th, at 7:30 p.m. at the Moose Hall, Terrace Bay. BY JIM TRISTRAM OLD AGE PENSIONS: The Federal Govern-} ment provides to eligi -ble residents, a pen- sion when they reach age 65. This is com~- monly referred to as the Old Age Pension, or the basic 01d Age Pension, O0.A.S., or Old Aged Security. If a pensioner has a limited amount of in -come, he or she can apply for the guaran- teed income supplement This is often referred to as the supplement This is =. paid to a pensioner based on the amount of income received from other sources. It is reviewed at the begin- ning of each year and is based on the pen-' sioner's previous year's income. The amount will vary ac- cording to income to 'a maximum of $100.62. The two payments described above are issued together in one _ cheque and paid once . per month. If a pensioner qua- lifies, an additional payment from the Pro- vince is payable. This is the Ontario Guar- anteed Annual Income System Program and is commonly called GAINS. This is automatically issued to the eligible pensioner. To pg. 12 IF YOU RAD $25,000 TO SPEND, +> THINK OF THE 8 WPOSSIBILITIES! Home renovations, a new car, a camper or maybe a dream vacation--all sorts of pos- sibilities! Now, HFC.'s second morgage loans can turn those possibilities info redlities. That's right. If youre a home- owner, you could borrow up fo- $25,000 based on the equity you've built up in your home over the years. We could arrange or renew a second mortgage without disturbing your first mortgage interest rate. Up to $25,000! That's a lot of possibilities. ~ Socomeonin ...use our money to get the most out of life. _ t ¢4 ah) \ Weigh? . SA 3 CORPORATION LIMITED - HOUSEHOLD FINANCE CORPORATION OF CANADA NIPIGON 28 Front Street--Telephone 887-2128

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