Delaying Retirement: What Does it Mean for Younger Workers?

1 Feb

Since the announcement that his government was considering raising the eligibility age for Old Age Security (OAS), Stephen Harper has backed off slightly, assuring the public that such reforms are years away. Nevertheless, media and experts of all kinds have fired into gear, speculating on the possible motivations for OAS reform, and exploring its potential implications.

One question that hasn’t received much attention – yet – is the impact of a higher eligibility age on the job prospects and economic well-being of younger workers just entering the labour force. In other words, we’ve yet to see much discussion of the intergenerational consequences and character of OAS and related social security reforms.

Read more over here, at the CCPA’s Behind The Numbers blog.


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