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Bill Detail

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An Act to amend the Old Age Security Act (amount of full pension)

BillC-261
Session45-1
StageSecond reading (House)
Introduced2026-02-09
Proposed byClaude Debellefeuille
parl.ca ↗

This enactment amends the Old Age Security Act to increase the amount of the full pension to which all pensioners aged 65 or older are entitled by 10% and to raise the exemption for a person’s employment income or self-employed earnings that is taken into account in determining the amount of the guaranteed income supplement from $5,000 to $6,500.

✦ AI Summary

This bill proposes to increase the full Old Age Security pension for individuals aged 65 and older by 10%. It also aims to boost the income exemption for the Guaranteed Income Supplement, raising it from $5,000 to $6,500. This change affects how employment and self-employment earnings are considered when calculating eligibility for and the amount of the supplement.

Generated by Gemini · may contain errors

Legislative Timeline

2026-02-09
First reading
✦ AIBill proposed increasing OAS pension by 10% and GIS exemption.
Current
Second reading (House)
✦ AIHouse of Commons is now debating the bill's merits.

Votes