Old Age Security pension

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:urban_area
gptkbp:administered_by gptkb:Service_Canada
gptkbp:benefits is available to those who have lived in Canada for a certain period
can be affected by income level
can be claimed online
can be received monthly
is available to seniors regardless of work history
is designed to help with living costs
is part of retirement planning
is taxable income
gptkbp:can_be_combined_with gptkb:Guaranteed_Income_Supplement
gptkbp:can_be_deferred to increase monthly payments
gptkbp:can_be_paid_to individuals living abroad
gptkbp:financial_support retired individuals
gptkbp:has_programs requires application
is subject to legislative changes
provides financial security
has eligibility criteria
aims to support seniors
is funded by taxpayers
is important for financial independence of seniors
is often confused with other pension plans.
is reviewed for sustainability
https://www.w3.org/2000/01/rdf-schema#label Old Age Security pension
gptkbp:introduced_in gptkb:1952
gptkbp:is_a_form_of gptkb:financial_assistance
gptkbp:is_a_key_component_of Canada's social welfare system
gptkbp:is_a_right_of Canadian citizens over 65
gptkbp:is_a_universal_benefit_for seniors in Canada
gptkbp:is_adjusted_based_on inflation
gptkbp:is_affected_by changes in government policy
gptkbp:is_available_at_age 65
gptkbp:is_available_in Canadian citizens
low-income seniors
permanent residents of Canada
gptkbp:is_based_on employment history
gptkbp:is_considered a social safety net program
gptkbp:is_designed_to reduce poverty among seniors
gptkbp:is_designed_to_supplement other retirement income sources
gptkbp:is_funded_by general tax revenues
the Canada Pension Plan
gptkbp:is_indexed_to the Consumer Price Index
gptkbp:is_not_means-tested for basic eligibility
gptkbp:is_part_of Canada's retirement income system
the Canadian social safety net
the Old Age Security program
gptkbp:is_reviewed_by gptkb:Year
eligibility annually
gptkbp:is_subject_to income testing
gptkbp:provides monthly payments
gptkbp:requires residency in Canada
gptkbp:bfsParent gptkb:Guaranteed_Income_Supplement
gptkbp:bfsLayer 8