Our plan would affect the 1 in 5 retirees with household incomes above $100,000. We’re asking them to take about $3,000 from OAS - so that we can give more to those who don't enjoy this level of financial security.

If you think shifting OAS eligibility from $182,000 of household income to $100,000 would create financial hardship for seniors, think again. Seniors who would be personally affected by this change are telling us that it wouldn't have a big effect - and that they'd welcome seeing these funds go towards those who really need more support. You can also take a look at stories of seniors with millions in assets collecting OAS - they are profiled regularly in the Globe & Mail’s Financial Facelift column.  

An OAS threshold of $100,000 isn't stingy. It's still more generous than the $81,000 cut-off for the Canada Child Benefit, and is also well above Canada's median family income of $74,000.