The amount of income you receive from Old Age Security when you retire is dependent on the number of years you were a resident of Canada, a minimum of 10 to a maximum of 40 for full benefits.

Question

Quizplus · Accepted Answer

This is true. The number of years you resided in Canada affects the amount of Old Age Security benefits you receive upon retirement, with a minimum requirement of 10 years and a maximum of 40 years for full benefits.

The Amount of Income You Receive from Old Age Security