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Pension reform in Canada
Author(s)Ken Battle
Journal titleCanadian Journal on Aging, vol 16, no 3, Autumn 1997
Pagespp 519-552
KeywordsPensions ; Social policy ; Canada.
AnnotationSince the mid-1960s, Canada's social security system has been undergoing a profound transformation. Virtually every major social programme has been or is in the process of being changed. The pension system is no exception: every element of Canada's complex retirement income system, both public and private, has been altered in some manner, in some cases, profoundly. This paper analyses the various changes to Old Age Security and other benefits for older people under the Mulroney and Chrétien governments, culminating in the new Seniors Benefit. The Conservatives used "social policy by stealth" to make significant changes to older people's benefits, paving the way for the Liberals' plan to rationalise programmes into a single income-based Seniors Benefit. Arguments for and against the Seniors Benefit are considered. The Canada Pension plan is also under scrutiny by the federal and provincial governments, which are considering two routes to reform: a move from pay-as-you-go (PAYG) to partial funding, including a steeper sliding scale of contribution rates, and various options to trim benefits. (RH).
Accession NumberCPA-980720212 A
ClassmarkJJ: TM2: 7S

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