Lecture 12

• Issues of Aging in Canada

  experience poverty, illness, and disability. Experiences are diverse; culture, wealth, ageism. Oldness is social construct
• Population Density Ratio

  measures the number of working-age adults relative to those who are either too young or too old to work
• Social Policy Response

  Fixing the aging person; health interventions. Income support; RRSPs, CPP. Reducing discrimination; inclusitivioty. Changing narratives; national seniors strategy
• Senior Strategy Approach

  design society that included or celebrated older people. Valuing everyone, living well, active, aging in place, social connectedness, advocacy
• Old Age Security


  basic pension to everyone over 65. Income-tested
• Guaranteed Income Supplement

  targeted, income-tested, guaranteed income program
• Canada/Quebec Pension Plan

  second tier, public, contribution based, insurance-type
• Private Pension Plans

  disproportionately benefit those with high incomes and strongly favour men over women
• Defined Benefit Pensions

  paid for life, basis of retirement income
• Defined Contribution Pensions

  income not guaranteed, based on how well the investment selection does over time