Liberal government will ensure greater retirement security for seniors
A Trudeau-led Liberal government will make sure that Canadian seniors get the secure and dignified retirement they deserve, said Jeff Lehoux, Liberal candidate for Renfrew-Nipissing-Pembroke.
“With record levels of household debt and an economy in recession, it is no wonder why Canadians in Renfrew County– and across the country – are worried about their retirement,” said Mr. Lehoux. “Right now, on average, a retired person receives just $618 per month from the Canada Pension Plan – hardly enough to live on. Our seniors have worked their entire lives, and should not have struggle to get the dignified retirement they have earned.”
As part of our three-point plan to create jobs and grow the middle-class a Liberal government will work with the provinces and territories to significantly reform our retirement security system by: Reversing the Conservative changes to the eligibility age for Old Age Security and the Guaranteed Income Supplement to 65 from 67; immediately boosting the Guaranteed Income Supplement for single low-income seniors by ten percent; and by prioritizing significant new investment in affordable housing and seniors’ facilities as part of a Liberal government’s commitment to a new, ten-year investment of nearly $20 billion in social infrastructure.
“Only the Liberals have a plan to ensure that all seniors are able to retire with security,” said Mr. Lehoux. “Seniors account for over 20% of the population in our riding and the Liberal plan will have a positive impact by helping them make ends meet.”
Real Change: Retirement security for our seniors