Lo­cal Lib­eral un­veils her com­mit­ments to­wards se­niors

Stanstead Journal - - NEWS -

Marie- Claude Bibeau, the Lib­eral Party of Canada can­di­date for the rid­ing of Comp­ton – Stanstead and mem­ber of the eco­nomic team, says that she is com­mit­ted to pro­tect­ing and im­prov­ing the con­di­tions of re­tire­ment for se­niors.

“I have had the op­por­tu­nity to talk to nu­mer­ous se­niors since the start of my elec­toral cam­paign and I have noted the ex­tent to which they are wor­ried about their re­tire­ment. Un­for­tu­nately, poli­cies put for­ward by the con­ser­va­tives over the past years have con­trib­uted to the weak­en­ing of se­niors’ in­come se­cu­rity” de­clared Marie-Claude Bibeau last week at a press con­fer­ence at at a Len­noxville se­nior res­i­dence .

“Presently, a per­son who works his whole life can take re­tire­ment at age 65 and will re­ceive a max­i­mum monthly pen­sion of $1,065 from the Canada Pen­sion Plan (CPP) and the Que­bec Pen­sion Board (QPB). How­ever, in re­al­ity, most se­niors re­ceive well less than this amount as av­er­age ben­e­fits from the CPP are only $618 per month. This is in­ad­e­quate. More­over, in in­creas­ing the age of ad­mis­si­bil­ity to the old-age se­cu­rity (OAS) pen­sion ben­e­fits and to the guar­an­teed in­come sup­ple­ment (GIS) from 65 to 67 years old, the con­ser­va­tives di­rectly at­tack the most vul­ner­a­ble of our se­niors.”

She added that:“A lib­eral gov­ern­ment plans to put in place tan­gi­ble mea­sures to as­sure pen­sion in­come se­cu­rity for our se­niors. First, we will main­tain in­come split­ting for se­niors’ pen­sion in­come and re­store the el­i­gi­bil­ity age for OAS and GIS to 65, putting an av­er­age of $13,000 an­nu­ally into the pock­ets of the low­est in­come peo­ple as they be­come se­niors. We will also in­crease the GIS by 10% for lower in­come se­niors liv­ing alone. This an­nounce­ment rep­re­sents, by it­self, an in­vest­ment of $840 mil­lion through 2019 ben­e­fit­ting 1, 25 mil­lion se­niors of which 900,000 are women liv­ing alone. Fi­nally, we will es­tab­lish a new mea­sure tak­ing into ac­count the cost of liv­ing faced by se­niors: the Se­niors Price In­dex. The OAS and GIS will be in­dexed us­ing this new more gen­er­ous and pre­cise mea­sure.”

“The mea­sures an­nounced by the Lib­er­als clearly demon­strate our con­sid­er­a­tion of the is­sues faced by our se­niors. Af­ter a life­time of hard work, pen­sion- ers have the right to ex­pect ser­vices and re­sources pro­vided by the gov­ern­ment. The im­prove­ment and sim­pli­fi­ca­tion of the Canada Pen­sion Plan can be made at a low cost while hav­ing a sig­nif­i­cant im­pact on their qual­ity of life” con­cluded the Comp­ton-Stanstead Lib­eral can­di­date.

Photo Stanstead Jour­nal

Comp­ton-Stanstead Lib­eral can­di­date Marie-Claude Bibeau held a press con­fer­ence at the Manoir St-Fran­cis, last Fri­day, to un­veil her party’s plans to in­crease fund­ing for se­niors.

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