Feds flatly reject recommendation to raise retirement eligibility age
OTTAWA — A day after the federal Liberals’ economic advisory council recommended raising the age of retirement eligibility, the government is turning the idea down flat.
The council advised the government on Monday to raise the age at which workers can collect old age security and Canada Pension Plan benefits in order to keep people in the work force longer.
But Social Development Minister Jean-Yves Duclos says the government will stick to its election promise to set the age at 65 — a reversal of the previous Conservative government’s plan to raise the age to 67.
Duclos says moving back to age 67 would throw vulnerable seniors into poverty.