A group of applicants for the Old Age Pension pictued in 1908. Image: The Irish Independent, 19 November 1908. ... investing in the pensions market to supplement the state pension.

The OAS pension amount is based on a person’s age, how long they’ve lived in Canada as an adult and their income. On Oct. 29, eligible seniors aged 65 to 74 years will receive a maximum ...

The February payments for the old age security (OAS) pension and the Canada Pension Plan (CPP) retirement pension will roll out to eligible Canadians on Wednesday.

The extra money to be doled out through CPP, funded by an increase in employee and employer premiums, is expected to reduce the number of low-income seniors — meaning $3 billion less in spending ...