Saturday, February 11, 2012

OAS untouched until 2020

http://www.cbc.ca/news/business/story/2012/02/10/pol-flaherty-oas-2020.html

That means Canadians 57 and older should be able to expect to get the same benefits as seniors collecting them now.

The government has said any changes wouldn't affect anyone now collecting OAS, but hadn't given a specific date for when it expected the program to see cuts.

"This is not for tomorrow morning," Flaherty said in Oshawa, Ont., at an event with Conservative MP Colin Carrie.

"This is for 2020, 2025, so that people who are middle-aged and younger today, like Colin and not me, can be assured that they will have the social programs, properly funded, fiscally responsible. They will be here for them in the future."

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D - so this is a 'way to make OAS sustainable' - without cutting the Boomers, and still at the expense of GenXYZ.

D - I am STILL for deindexing the clawback right NOW. That would also have a negligible impact on them, but at least would gradually weed out the SIX DIGIT INCOMES that still feed at the trough.
And - wait for it- we will STILL have senior poverty.

Go team.

3 comments:

  1. Notice the totally different tenor of discussion, depending on whether a Boomer old-age or GenXYZ educational policy is being discussed.

    ReplyDelete
  2. Here's a thought. If the NDP was anti-poverty as opposed to just generally pro 'big government' then they could still address income inequality and poverty on a shoe-string budget. But NO party is talkig about any such thing. Since EVERY party is indebted to Boomer votes.

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  3. Liberal finance critic Scott Brison said the government is manufacturing a crisis to attack Canada's most vulnerable citizens, low-income seniors.

    "It’s nuts. It makes no sense from a public policy perspective. If there were a crisis, there are other ways that you would act that would not be as regressive," Brison said.

    Brison said 40 per cent of Canadians getting OAS make less than $20,000 a year and more than half make less than $25,000 per year.

    Changes could also affect the poorest seniors who get the Guaranteed Income Supplement, because they have to qualify for OAS to get the GIS, he said.

    ReplyDelete