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Title_of_text

Old Age Security Act [R.S.C., 1985, c. O-9 ].

Main Region

First Region

Canada
Old-age, invalidity and survivors benefit
1952
National
Law, Act

Second Region

Repeals the legislation from 1927. Contains provisions on monthly pension, amount and payment of pension, monthly guaranteed income supplement, and adjustment of payments.
The Act has been amended many times. The most important changes have been:
- the drop in age of eligibility from 70 to 65 (phased-in between 1965-1969);
- the establishment of the Guaranteed Income Supplement (1967);
- the introduction of full annual cost-of-living indexation (1972);
- quarterly indexation (1973);
- the establishment of the Spouse's Allowance (1975);
- payment of partial pensions based on years of residence in Canada (1977);
- the inclusion of Old Age Security in international social security agreements (1977 and ongoing);
- the extension of the Spouse's Allowance to all low-income widows and widowers aged 60 to 64 (1985);
- maximum of one year of retroactive benefits (1995);
- the ability for an individual to request that their benefits be cancelled (1995);
- the extension of benefits and obligations to same-sex common-law partners (2000); and
- the simplification of access to and delivery of benefits (2007).
- the suspension of benefits for beneficiaries incarcerated in federal penitentiaries as a result of a sentence of two years or more and for beneficiaries incarcerated in provincial and territorial correctional facilities as a result of a sentence of 90 days or longer. (2010)
[source Service Canada]

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