What HR needs to know about federal budget

Changes to OAS, EI among budget changes affecting HR
By Karen Tarbox and Ian Genno
|Canadian HR Reporter|Last Updated: 04/24/2012

Consistent with expectations, Ottawa’s 2012 federal budget proposes to increase the normal retirement age under the Old Age Security (OAS) and Guaranteed Income Supplement (GIS) programs, commencing in 2023.

This article discusses this change and other key measures of interest from an employer’s perspective.

Retirement reforms