Economy | Lower Incomes

Restore the eligibility age for Old Age Security and the Guaranteed Income Supplement to 65.

In progress

Source: Liberal Platform | Page 6

October 5, 2015

Tuesday March 22, 2016 | 2016 Federal Budget

2016 Federal Budget

Chapter 5 > Restoring the Eligibility Ages of the Old Age Security Program

As an essential part of the Government's plan to strengthen public pensions and improve the lives of Canadian seniors, the eligibility ages of the Old Age Security program will be restored. Budget 2016 proposes to cancel the provisions in the Old Age Security Act that increase the age of eligibility for Old Age Security and Guaranteed Income Supplement benefits from 65 to 67 and Allowance benefits from 60 to 62 over the 2023 to 2029 period.

The Old Age Security Act hasn't been changed yet as of March 22, 2016. That promise status will be updated when the Act gets updated. Here is the age provision in the Act (copy-paste the full link in your address bar): http://laws.justice.gc.ca/eng/acts/O-9/FullText.html#s-2.2ss-(2)ID0ECCA

Thursday March 17, 2016 | CBC News

Justin Trudeau says OAS eligibility age to return to 65 in 1st Liberal budget

Next week's budget will lay the groundwork for long-term economic growth by investing in "unsexy" but much-needed infrastructure projects, Prime Minister Justin Trudeau said today.

During a town hall with Bloomberg TV in New York, Trudeau also confirmed that Tuesday's federal spending plan will reverse the eligibility for Old Age Security to 65 from 67.