Liberal
- Increase Old Age Security by 10% next year for seniors 75 & over.
- Increase the Guaranteed Income Supplement by $500 for single seniors & $750 for couples, starting at age 65.
We are committed to strengthening public pensions and improving retirement security for all Canadians and providing a basic guaranteed livable income for seniors. A New Democrat government will create a Pension Advisory Commission to develop a long-term plan to enhance Old Age Security, boost the Guaranteed Income Supplement to lift all seniors out of poverty, and strengthen the Canada Pension Plan. We’ll also make automatic enrollment in OAS and GIS retroactive, so no retiree misses out on benefits that they should be receiving, and support efforts to make sure Canadians have good retirement financial literacy.
— Ready for Better, retrieved 2021-08-27