A recent report reveals that over 10,000 seniors in Toronto are not claiming their Old Age Security benefits, highlighting a significant issue.
The Wellesley Institute and Open Policy Ontario did the research. They found that certain groups, like racialized individuals and those with limited English skills, are most affected.
John Stapleton, a policy fellow, explained that many think applying for OAS is straightforward. But it can be pretty complicated, especially for newcomers. The rules differ for immigrants compared to long-term residents.
OAS gives a monthly pension to Canadians aged 65 and older who have lived in the country for at least 10 years. In 2020, 83% of older Torontonians received OAS. But only 78% of visible minorities and 76% of recent immigrants were getting it.
The report used data from Statistics Canada to break down OAS uptake by income, immigration status, and language skills. Christine Sheppard from Wellesley Institute stressed the need to simplify the application process.
She pointed out that many low-income seniors are eligible but unaware of these benefits. These funds could really help them live better lives.
Eligible seniors can also choose to delay their OAS pension for a higher monthly amount. This option allows them to wait until age 70 to start collecting.
However, many seniors still aren’t claiming their OAS, even after they turn 70. Rudy Buttignol, president of the Canadian Association of Retired Persons, noted that many seniors feel isolated and don’t know how to apply.
He suggested that improving one-on-one contact could help. Service Canada is trying to make it easier for seniors to access benefits through outreach activities and clinics.
OAS is crucial for reducing poverty among low-income seniors, especially as the population ages. Sheppard hopes this report will inspire change and better access to benefits for those who need them.
