The Canadian system of retirement income support
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The Canadian system of retirement income support by B. L. Adell

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Published by Industrial Relations Centre, Queen"s University at Kingston in Kingston, Ont., Canada .
Written in English



  • Canada.


  • Old age pensions -- Canada.

Book details:

Edition Notes

StatementBernard Adell.
SeriesQueen"s papers in industrial relations ;, 1988-9
ContributionsInternational Society for Labour Law and Social Security. World Congress
LC ClassificationsHD7105.35.C2 A34 1988
The Physical Object
Pagination38 p. ;
Number of Pages38
ID Numbers
Open LibraryOL2259624M
ISBN 100888862113
LC Control Number89140616

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To qualify for a full OAS pension, you must have lived in Canada for at least 40 years after age You will receive a partial pension benefit if you haven’t resided in Canada for the full 40 years. The partial pension benefit is 1/40th of the full pension amount for each complete year you lived in Canada . The traditional goal in policy discussions about the Canadian retirement income system is to replace 70% of final pre-retirement income (e.g.,). There have been arguments about the suitability of this target (it may be too high or too low depending on cases [21] [22]) . 1. Canada’s retirement income system Canada’s retirement system keeps almost all seniors above the poverty line. Only 4 percent of Canadians 65 years and older lived in absolute poverty in (Sarlo, 32). Canada’s rate of low income among the elderly is almost half the OECD average.2 This shows that the first pillar of our retire-File Size: KB. vol. 48, no. 1 (spring ) 65 First Pillar: Poverty Prevention The first pillar, summarized as the poverty prevention pillar, contains some of the most successful programs that make up the Canadian retirement income Size: 1MB.

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