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Transfer Payments




Examples of transfer payments include Welfare , Unemployment Insurance , Social Security payments, publicly-funded Pensions and public support for students, including Scholarship s and financial aid and death benefits for parents.


ALTERNATIVE USE FOR ADMINISTRATIVE TRANSFER


In some federal systems the term is also used to refer to payments from one order of government to another; for example in Canada , transfer payments usually refer to a system of payments from the federal government to the provinces. Major Canadian transfer payments include Equalization Payments , the Canada Health Transfer and the Canada Social Transfer (formerly the Canada Health And Social Transfer ) and Territorial Formula Financing .

They are sometimes referred to as income transfers


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