TY  - JOUR
AU  - Gruber, Jonathan
TI  - Social Security and Retirement in Canada
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 6308
PY  - 1997
Y2  - December 1997
DO  - 10.3386/w6308
UR  - http://www.nber.org/papers/w6308
L1  - http://www.nber.org/papers/w6308.pdf
N1  - Author contact info:
Jonathan Gruber
Department of Economics, E52-434
MIT
77 Massachusetts Avenue
Cambridge, MA 02139
Tel: 617/253-8892
Fax: 617/253-1330
E-Mail: gruberj@mit.edu
M1  - published as Jonathan Gruber. "Social Security and Retirement in Canada ," in Jonathan Gruber and David A. Wise, editors, "Social Security and Retirement around the World" University of Chicago Press (1999)

AB  - Government transfers to older persons in Canada are one of the largest and fastest growing" components of the government budget.  I provide an overview of the interaction between these" transfer programs and retirement behavior.  I begin by documenting historical trends in labor force" participation and program receipt, and contemporaneous patterns of work and income receipt for the" current cohort of older persons.  I then present an overview of the structure of this system of" Canadian transfer programs.  Finally, I present results of a simulation model which measures the" implicit tax/subsidy rate on work after age 55 through this system. I find that workers, there are modest taxes on work through age 64, that rise to fairly high levels thereafter.  But" these taxes are substantially lower for single workers, since they do not have wives eligible for" means-tested transfers, and for workers with substantial other sources of income is not at all eligible for means-tested transfers.
ER  -