Tag Archives: Indexing pensions

OAS Benefit – Are pensioners better off with indexation or tax reduction?

The most recent quarterly revision of OAS and GIS benefits means that pensioners will receive an increase of 0.3 percent per month this quarter. According to the HRSDC publication Just the Facts – Pensions, Benefits and Seniors: Old Age Security benefits, … Continue reading

Posted in Baby boomers, Basket of goods, Consumer Price Index, Cost of Living, CPP, GIS, Golden wave, Guaranteed Income Supplement, Indexing pensions, Old Age Security, Pension Indexation, Pension Reform, Pensioners, Seniors demographic, Statistics Canada, Tax allowances | Tagged , , , , , , , , , | 12 Comments

PENSION INDEXATION – is the current method adequate?

By Goudu Kassa, Guest Contributor “A Dollar Today is Worth More Than a Dollar Tomorrow”… how many times have we heard this expression? From the perspective of today’s pensioners this expression has taken on a greater sense of urgency. Pensioners … Continue reading

Posted in Baby boomers, Basket of goods, Canada Pension Plan, Consumer Price Index, Financial industry, Guaranteed Income Supplement, Immigration policy, Old Age Security, Pension Indexation, Pension Reform, Pensioners, Seniors demographic, Statistics Canada | Tagged , , , , , , , , | 10 Comments

Enjoying Golden Years … is it a Myth?

Seniors across Canada are facing many challenges in their ‘golden years’ mainly related to their inadequate pension incomes. These challenges are slowly gaining momentum not only due to the economic crisis but also because of the rapidly growing seniors population. … Continue reading

Posted in Baby boomers, Canada Pension Plan, Cost of Living, Elder Care, Golden Years, Guaranteed Income Supplement, Health Care, Indexing pensions, Inflation, Long Term Care, Old Age Security, Pension Reform, Pensioners, Seniors demographic, Seniors fixed income | Tagged , , , , , , , , , , , | 6 Comments