The Old Age Security pension (or OAS or OAS-GIS) is a taxable monthly social security payment available to most Canadians 65 years of age or older. As of January, 2012, the basic amount is C$540.12 per month. At tax time, recipients with 2010 incomes over C$67,668 must pay back a portion of their Old Age Security at a rate of 15% of net income. This is often referred to as a clawback. The OAS pension is fully clawed back for people with incomes over C$110,878.
Read more about Old Age Security: Eligibility Criteria, Social Security Agreements
Other articles related to "age, old age security, security":
... Between 1970 and 1990 the age structure of Estonia was rather stable with around 22% of the population in the age group 0–14 years, 66% between 15 ... after 1990, the proportion of the population 0–14 years of age dropped to 15% in 2009, while the proportion of 65 years or older gradually increased to 17 ... The proportion of the age group 15-64 also slightly increased to 68% in 2009 ...
... Canada has social security agreements with a number of countries ... For low income pensioners who earn little or no other income, the Old Age Security is supplemented by a Guaranteed Income Supplement (GIS), which is ... amount of the Guaranteed Income Supplement depends on income, marital status and the age of the spouse in married couples ...
... The New Age movement is a Western spiritual movement that developed in the second half of the 20th century ... The New Age movement includes elements of older spiritual and religious traditions ranging from monotheism through classical pantheism, naturalistic pantheism, pandeism, panentheism, and polytheism combined ... New Age practices and philosophies sometimes draw inspiration from major world religions Buddhism, Taoism, Chinese folk religion, Christianity, Hinduism, Islam (especially ...
109 households out of which 35.8% had children under the age of 18 living with them, 51.4% were married couples living together, 12.8% had a female householder with no husband present, and 31.2% were non-families ... had someone living alone who was 65 years of age or older ... In the town the population was spread out with 27.8% under the age of 18, 8.3% from 18 to 24, 26.7% from 25 to 44, 20.2% from 45 to 64, and 17.0% who were 65 ...
... Yvette Fielding, British TV presenter, has had vitiligo from age 11 her mother developed it at age 24 ... for Sweden women's national football team, has been diagnosed with vilitigo since the age of 5 ...
Famous quotes containing the words security and/or age:
“Learned institutions ought to be favorite objects with every free people. They throw light over the public mind which is the best security against crafty and dangerous encroachments on the public liberty.”
—James Madison (1751–1836)
“Industrial man—a sentient reciprocating engine having a fluctuating output, coupled to an iron wheel revolving with uniform velocity. And then we wonder why this should be the golden age of revolution and mental derangement.”
—Aldous Huxley (1894–1963)