Parliament for 2013
Richmond Electoral District
On May 16, 2012, Alice Wong answered one question about pensions during question period. The following is a transcript:
Hon. Scott Brison (Kings—Hants, Lib.):
Mr. Speaker, has the public service provided the Minister of Finance with an estimate of how many dollars the government will save by raising the OAS age from 65 to 67, yes or no?
Hon. Alice Wong (Minister of State (Seniors), CPC):
Mr. Speaker, there will be no reductions to seniors’ pensions.
The opposition parties are missing the point. This is not about savings. Our changes will put old age security on a sustainable path so it will be there when Canadians need it. Changes made will be gradual, beginning in 2023 and coming into full effect in 2029.
We are also providing Canadians with the option to defer OAS and collect later at a higher rate, if they wish.
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