BUDGET RETIREMENT

Bravo Harper, Retirement Gets Much-Needed Facelift

An important long run element in today's budget is the change in "retirement age" -- actually a change in the age of eligibility for Old Age Security (OAS). Nowadays, age 65 is more like late middle age than old age and people who reach that age can look forward, on average, to a couple of decades of an enjoyable life.

The Budget Must Take Old Age Catastrophe Seriously

With the budget coming up, we need to talk Old Age Security (OAS). The cost of the OAS program will explode, going from $36 billion in 2010 to $108 billion in 2030. Refusing to deal with this problem for partisan reasons would be completely irresponsible to future generations, if not shameful.