Miscellaneous material for your mid-week reading.
- Andrew Jackson discusses why attacks on Old Age Security – including the Fraser Institute’s calls for increased clawbacks – serve no useful purpose: The principled argument for not clawing back OAS benefits is that all seniors should be entitled to a bare-bones public pension as a basic building block of the overall retirement income system. The OAS benefit is very low and is added to a meagre Canada Pension Plan benefit that replaces just 25 per cent of average earnings up to a maximum of $12,144 a year.…
Receiving the full OAS benefit (Read more…)
