By the Numbers: Old Age Security Benefits in Canada for 2013
Ottawa – February 10, 2013
Old Age Security – The Old Age Security pension is a monthly benefit available, if applied for, to most Canadians 65 years of age or over. An applicant's employment history is not a factor in determining eligibility, nor does the applicant need to be retired. Old Age Security pensioners pay federal and provincial income tax. Higher income pensioners also repay part or all of their benefit through the tax system.