Please click on the links below to view the Income Tax Slabs and Rates for the Assessment Year 2014-15 (applicable on income earned during 01.04.2013 to 31.03.2014) for various categories of Indian Income Tax payers.
Old age security. Old age security (OAS) is a federally funded monthly pension, which is paid to eligible seniors who have reached the age of 65, are Canadian citizens or permanent residents, and have lived in Canada for at least 10 years after the age of 18.
If your service is more than 10 years you are eligible for pension scheme and you will get a pension after the age of 58. If your service is less than 10 years then only you can withdraw the EPS amount but you are not eligible for pension. Lifelong pension is available to the member and upon his death members of the family are entitled for the pension. 2  A employee can start receiving the pension under EPS only after rendering a minimum service of 10 years and attaining the age of 58/50 years.