Old Age Security will not be cut...yet

No threats to Old Age security yet.

According to the CBC Prime Minister Stephen Harper told parliament Monday that those currently receiving old age security will not see their benefits cut.

Without going into specifics he said adjustments will have to be made in the future to sustain costs.  By 2030 the ratio of workers to retired people will be two to one leaving the government less tax dollars to work with.

Harper caused a stir with his speech announcing his government’s plans to transform the pension system at the World Economic Forum last week.