During the announcement, the government also said it will spend $14 million on 775 projects for seniors under the New Horizons for Seniors Program, which was launched in 2004.
And none of the Seniors groups even mentioned Income Splitting as a priority!
CARP wants changes to the clawback on the Guaranteed Income Supplement, Cutler said.
Under current rules, Cutler said, if a senior receives any other income on top of the GIS, he or she loses 50 cents on each dollar from the supplement, which is aimed at very low-income seniors.
CARP doesn't want that rule to kick in for the first $5,000 of extra income a GIS recipient gets. That would encourage seniors to find part-time work, Cutler said.
See:
Pension Plans
Income Splitting
Pensions
Find blog posts, photos, events and more off-site about:
Seniors, Canada, Conservatives, Harper, LeBreton, retiree's, pensions, pensioners, retirement, Liberals, government
No comments:
Post a Comment