Yes, that's true. However, in general, a few months before we reach that venerable age, we all receive a message from the federal government telling us that we are eligible for the old age security pension.
For many people—I don't know the number, but perhaps you do—this is their only retirement income. They have no other retirement income from work or other sources, or they have not worked. So the old age security pension is a major source of income.
You advise the government on its decisions that justify its policy choices. This is very important. Here's my question. What studies and evidence-based data did you use to draw a line, for the first time in our view, and increase the old age security starting at 75 instead of 65 years of age, recognizing that the universal pension plan, with some conditions, starts at age 65?
What evidence do you base this on, and what differences do you see, even between 75 and 73? What is the rationale behind that?