The Next 100 Year of Old Age Security: Policy Considerations
In a new policy brief titled The Next 100 Years of Old Age Security: Policy Considerations, the National Institute on Ageing (NIA) examines potential policy changes to Old Age Security (OAS) and the their implications for Canada’s broader retirement income system.
As Canada’s population ages and the number of OAS beneficiaries grows, questions about the program’s affordability have become increasingly prominent. However, the NIA cautions that focusing solely on the cost of OAS risks overlooking its role within Canada’s interconnected retirement income system and the potential consequences on taxes, pensions, savings and other government benefits.
