Ms. Nathalie Martel at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On May 8th, 2014. See this statement in context.

May 8th, 2014 / 9:05 a.m.

Director, Old Age Security Policy, Department of Employment and Social Development

That's correct.

The pension is based on the number of years of residence in Canada. To receive the full pension, which is currently $551 per month, you need to have resided in Canada for at least 40 years since the age of 18. If you have less than 40 years of residence in Canada, then the pension is pro-rated. It is for this reason. We pay the pension based on the contribution to the social fabric of the country.

See context to find out what was said next.