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Old 01-30-2012, 01:34 PM   #121
Makarov
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Quote:
Originally Posted by darklord700 View Post
http://www.servicecanada.gc.ca/eng/i.../oas/oas.shtml

"A partial pension is calculated at the rate of 1/40th of the full pension for each complete year of residence in Canada since age 18.

The minimum period you need to qualify for a partial pension is 10 years of residence in Canada after reaching age 18 (as long as you live in Canada when you receive your OAS pension). In other words, if you lived in Canada for 10 years after your 18th birthday, you may qualify to receive 10/40ths or one-quarter of the full Old Age Security pension."


The problem is while your OAS could be pro-rated but what you lose in the pro-rated OAS, you make up by getting more GIS so I don't know what's the point of this pro-ration. Assuming you have zero income, you still get about $1K OAS + GIS as long as you lived here for more than 10 years.
I didn't realize that OAS was linked to residence (and, indirectly, contribution) this way.

I suppose the Charter isn't infringed (or is justifiably infringed) because it links benefits to residence for all Canadians rather than just those born outside of Canada. In my own defence, I thought that you were proposing that OAS would never be available to an elderly immigrant, whereas the program seems to make partial pension available right away, and full pension available to anyone after 10 years of residence.

In any event, I still stand corrected. Thanks.
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