Sentences with phrase «age of eligibility»

Most Canadians should be able to cope with a higher age of eligibility for Old Age Security (OAS) without hardship.

(Such a scheme might keep the current age of eligibility, ensuring the needy get help sooner.)

Despite higher monthly benefits for those who delay, many people still claim Social Security retirement benefits at age 62, the earliest age of eligibility.

While Medicare's age of eligibility remains 65, Social Security's full retirement age is now 66 for those just becoming eligible, and this will soon rise to 67.

Parents who stress over their teens reaching the magical age of eligibility for driver's education no longer have to worry about whether a student will learn the lessons needed to complete an online defensive driving course.

But the OAS program requires reforms far greater than simply changing the age of eligibility.

The old age security program requires reforms far greater than simply changing the age of eligibility.

A third paper, from the University of Toronto's Mowat Centre, raised another possibility for reform (though unrelated to the agenda at the Kananaskis meeting): gradually raising the age of eligibility for full CPP benefits from 65 to 67.

The last federal budget announced a reform of OAS that will gradually raise the age of eligibility to 67 from 65 starting in 2023.

In that Report, PBO concluded that the federal government's fiscal structure was sustainable over the long term given recent policy changes such as: reduction in rate of growth in the Canada Health Transfer escalator beyond 2016 - 17, reductions in direct program expenses and the increase in the age of eligibility for Old Age Security benefits.

The blog post argues — among other things — that if the age of eligibility for Old Age Security were to move from 65 to 67, the -LSB-...]

Did the Prime Minister consult with Canadians before announcing that the elderly benefit system was financially unsustainable and the age of eligibility had to be raised?

There are sound reasons for increasing the age of eligibility.

The implementation of the promise to restore the age of eligibility to 65 should be postponed.

Although the initial cost for reducing the age of eligibility beginning in 2023 - 24 would be low (about $ 600 million), the cost could rise quickly to about $ 12 billion by 2029 - 30.

The election promises to restore the age of eligibility for Old Age Security (OAS) to 65 and to introduce a new Seniors Price Index for OAS and GIS benefits would both fail a most of the above review questions.

The change in the age of eligibility is being phased in over time, giving people ample time to adjust.

These included the introduction of the Canada Child Benefit and the restoration of the age of eligibility for federal pensions to 65 from 67, coupled with increased infrastructure spending in the March 2016 Budget.

Raising the age of eligibility for Social Security benefits to reflect increased years of health and productivity.

Rice says she broadly supports the concept of raising the age of eligibility for adult criminal court for certain crimes.

The changes to retirement entitlements include gradually raising the Old Age Security (OAS) age of eligibility and modifying the Canadian Pension Plan (CPP) to increase benefits for those who access this entitlement later than age 65.

Raises the age of eligibility for unreduced retirement benefits in two stages to 67 by the year 2027.

This was in response to the Conservative government's decision to increase the age of eligibility to 67, for those born after 1958.

Budget 2016 proposes to cancel the provisions in the Old Age Security Act that would have increased the age of eligibility for OAS and Guaranteed Income Supplement benefits from 65 to 67 and Allowance benefits from 60 to 62 over the 2023 to 2029 period.

Unlike with mutual funds, the ULIS has an age of eligibility that goes from 15 to 55 for regular premium and 15 to 60 for single premium.