TORONTO—Canada remains in the minority as one of the few OECD countries not to raise the age of eligibility for government retirement programs such as Old Age Security (OAS) and the Guaranteed Income Supplement (GIS), finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Most industrialized countries around the world are increasing the age of eligibility for government retirement programs. Meanwhile, Canada is going against this trend by not introducing similar changes,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Age of Eligibility for Public Retirement Programs in the OECD 2022 Update.
