Question: 5 1 What statement pertaining to the OAS program is true? a ) Excluding exempt workers, contributions to the OAS program are mandatory for all

51
What statement pertaining to the OAS program is true?
a) Excluding exempt workers, contributions to the OAS program are mandatory for all employed individuals upon attaining age 18.
b) OAS benefits are adjusted quarterly to account for inflation.
c) To apply for OAS benefits under the old rules, the applicant must have attained age 18 as of July 1,1977.
d) A senior who applies for OAS benefits at age 68 will receive benefits retroactive to age 65.
 51 What statement pertaining to the OAS program is true? a)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!