Minister confirms plans to delay retirement age to 67- details will be in budget

Today, Alice Wong Minister for Seniors, revealed that the government’s plans for reforming the retirement age will be revealed in the 2012 budget.

Ms. Elizabeth May (Saanich—Gulf Islands, GP): Mr. Speaker, we hear there will be reasonable time. I find the message from the government confusing. We are told on one hand that we are panicking needlessly about things the Prime Minister said in Davos. On the other hand, seniors are very concerned and so are people approaching retirement age.

When the minister says there will be reasonable time for a phase-in of, for instance, moving the point of earliest receipt of benefits to age 67, how much time does the minister think is reasonable?

Hon. Alice Wong: Mr. Speaker, we are currently working on that and when the budget comes down, the details will be there.

This year’s budget is expected to be released in March.