Local Liberal unveils her commitments towards seniors
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.
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.