The federal government must now play a leadership role in establishing a national seniors strategy for Canada, says a report from the IRPP Task Force on Aging.
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.
NDP leader Tom Mulcair took his campaign to downtown Toronto today to announce that he would boost an old-age benefit.
The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.
While attending last week’s Pension Policy Forum in Toronto, it became clear that the focus of pension reform in this country has gradually been shifting.
The number of old age security beneficiaries is expected to increase by 60% within the next two decades, according to a report.
CARP is calling on the federal government to fight seniors’ poverty by eliminating mandatory minimum withdrawals from RRIFs, relaxing GIS rules and introducing measures to counteract the OAS changes for the most needy.
Employment and Social Development Canada says the benefit amount for Old Age Security will stay the same for April to June.
Pensions help not only provide retirees with the financial support they need but also provide a benefit to the overall economy.
A new report argues that efforts to revamp the Canada Pension Plan should take a back seat to a couple of straightforward policy reforms that would take the majority of single impoverished seniors out of poverty.