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The Budget

Submitted by rlewis on 15 May, 2008 - 12:13.
Agedhealth For pensionable Seniors, the budget promised to index future pensions to the highest of three indicators, CPI, average national wage and a new cost of living index for seniors. It also increased a range of allowances such as gas/electricity/water and more, and made provision for another $500 grant. It seems to me that this is a good budget for seniors, for which we should be grateful. Now we need to have the government drill down into the next level issues of aged health care and housing, and come up with productive and affordable initiatives here as well. The facilitation of seniors employment for those who wish to work is also a growing national priority, as also an urgent review of the livable value of the base pension.[Editorial modified 19 May]



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The Budget and how it effect seniors
Submitted by peter on 16 May, 2008 - 16:49.

I am not a greedy person by nature but consider that since the GST the real purchasing power of our pension has deteriorated. I was noted and not forgotten thatwhen the GST was introduced MP recived a 10% increase in salary. Single pensioners in particular have been the most hardest hit and they at least should receive a substantial increase.

 Couples aren't too badly off  so perhaps we should be thankful for what we get however comparing it too other western countries we are not treated as well for the work we have done to get the country where it is today. Many pensioners complete voluntary work which if they did not would either not exist or cost the government a fortune in wages for paid staff.


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