Does Harper really need to raise the retirement age?

Friday, January 27th, 2012

Jan. 27, 2012
the Canada Pension Plan is not in financial difficulty. Instead, the target of reform appears to be Old Age Security… Canadians are living longer… 5 years longer than was the case in 1967… The wellbeing of Canadian seniors has improved tremendously over the last 40 years — higher incomes, better consumption, and healthier lives. However, in the years approaching retirement ages, an increasing number of Canadians are unable to work due to disability, declining job skills, or other reasons… these Canadians may suffer as they wait for their public pension cheques to begin flowing.

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Should recent arrivals qualify for Old Age Security?

Thursday, September 1st, 2011

September 1, 2011
I find it hard to distinguish why we should impose residency requirements on Old Age Security but not other public benefits or public spending. Why restrict Old Age Security to long-term residents but not public health insurance? … as the short twenty-year span of contributory Old Age Security taxes fades from fiscal memory, the argument for excluding short-term residents from the benefits received by other Canadian seniors will become harder to make.

Posted in Social Security History | 2 Comments »

Should Canada have a guaranteed annual income?

Wednesday, October 20th, 2010

October 20, 2010
People from the left find the GAI attractive because they like the idea of a secure and (potentially) generous benefit. People from the right like the idea of a lower tax rate and better work incentives for lower income people and a dismantling of the ‘welfare wall’… a lot of people already effectively have a GAI… Would it be worthwhile extending and enhancing a GAI to all Canadians? At least two major barriers stand in the way.

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