18.3.2 OLD AGE SECURITY (OAS)
WHEREAS many seniors are living below the poverty line, and
WHEREAS the largest group of poor seniors is women who have reduced years in the workforce due to child rearing duties, and/or jobs that pay less than men, and thus have lower Canada Pension Plan (CPP) earnings, and
WHEREAS those in the lowest income group are receiving approximately $18,000 after the Guaranteed Income Supplement (GIS) top-up, and
WHEREAS, the cost of living has increased to a point where the GIS topup still does not raise seniors out of poverty,
THEREFORE BE IT RESOLVED that the National Pensioners Federation call on the federal government to increase the Old Age Security to $2,000 a month.
Submitted By COSCO of B C