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Saturday, February 25, 2012

Weston Discusses Changes to Old Age Security

The government wants you to know that any upcoming changes to Old Age Security won't effect people who are about to collect, or collecting now. Saint John M-P Rodney Weston says despite Stephen Harper's talk about raising the eligibility age from 65 to 67, those changes won't be happening for a long time,

Weston tells CHSJ News there's no cause for alarm yet--despite the fact that he's been inundated with calls and emails from worried citizens--because there will be enough consultation for people to make changes in their retirement plans.

The proposed changes wouldn't happen until at least 2020. Weston says it's being considered to make sure that OAS will be there for people in the long run.