Old Age Security can be deferred for five years,which would increase ones benefit by an additional 36 percent.

Name: Old Age Security can be deferred for five years,which would increase ones benefit by an additional 36 percent.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

This is true. Old Age Security benefits can be deferred for up to five years, and for each year of deferral, the benefit increases by 7.2 percent, for a maximum of 36 percent after five years of deferral.

Old Age Security Can Be Deferred for Five Years,which Would