Benefits glossary
Government benefits, tax, disability and drug-coverage terms explained in plain language.
Definitions are educational. Official program rules still apply.
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Reset filtersPensions & seniors
Periodic adjustment of benefit payment amounts to reflect changes in the cost of living or program formulas.
Indexed benefits maintain purchasing power but adjustment dates vary by program.
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Definitions explain common government and program language in plain words. They are starting points for understanding, not legal advice or official eligibility decisions. Confirm important details with the official program, CRA, Service Canada, or a qualified professional.
Glossary reviewed September 13, 2026