Abstract

Canada Aids the Aged. The Uniform Pension Plan
Syks, Jay G. | October 15, 1955 issue

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Faced with a comparable problem, Canada adopted on January 1, 1952, the so-called universal old-age pension system used therefore only by Sweden and New Zealand. Every man and woman reaching the age of seventy who has resided in Canada for twenty years is eligible for a federal pension of $40 a month. The pension is paid irrespective of need or of any record of prior earnings. The plan is the outcome of exhaustive investigations by a joint committee of the Canadian Parliament which included members of all major political parties.

See Also:

PENSIONS; OLDER people -- Canada; OLD age; PENSION trusts; POLITICAL parties; CANADA
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