Posts Tagged ‘pensions’
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How did Ontario’s disgraceful disability support program get so bad?
Tuesday, February 22nd, 2022
The vast majority of Ontarians with a disability are not on the program. Of those who are, 57 per cent have either mental illnesses or developmental disabilities. Nevertheless, the PCs’ new “vision” for the disabled continues to push the optimistic goal of finding jobs for them… Instead, they are ignored by a provincial government that can afford to give wealthy people a break on their power rates, vacationers a tax break for renting a cottage, maybe even make licence plates free, a cheap political stunt that would cost $1 billion a year.
Tags: budget, disabilities, featured, ideology, jurisdiction, participation, pensions, poverty, standard of living
Posted in Inclusion Debates | 1 Comment »
People with disabilities deserve a basic income
Monday, October 26th, 2020
It’s time to treat people with disabilities with respect instead of paternalism and to address the inadequacies of the current system. The proposed federal Disability Benefit is an opportunity to do better. Will it measure up to a basic income? Let’s hope so.
Tags: disabilities, ideology, participation, pensions, poverty, standard of living
Posted in Social Security Debates | 2 Comments »
Why our concept of retirement is outdated – and how artificial intelligence can help
Wednesday, August 19th, 2020
By 2030, the most dominant form of work is forecasted to be independent contracting – self-employed individuals who are contracted for specific projects or services – for both blue-collar and white-collar jobs… Rethinking retirement is… about empowering people with the choice to live life in a way that works for them.
Tags: economy, Health, ideology, mental Health, participation, pensions
Posted in Debates | No Comments »
These unfair tax policies are putting a burden on women and seniors and need to be changed now
Friday, February 28th, 2020
Many of the policies are particularly harmful to older women because they hit those who are single/widowed and over the age of 65 — a group that contains a much higher percentage of women than men. As we head into a new decade, and in the spirit of eternal optimism, I am providing a list of four main offending policies in the hope that some political titans vow to fix them
Tags: pensions, standard of living, tax, women
Posted in Equality Delivery System | No Comments »
It’s time to rethink the social contract for our rapidly changing world
Monday, February 17th, 2020
… lifetimes are getting longer but… households are saving ever less to cover their retirement years … in 2017, more than… 41 per cent did not save for retirement; 20 per cent did not save at all; and 12 per cent do not have a six-month savings buffer… the labour market is changing in a way that some are being left behind, income polarization is only growing and it appears that every generation feels they are being denied access to the economic party.
Tags: economy, globalization, ideology, participation, pensions, standard of living
Posted in Equality Policy Context | No Comments »
ODSP needs support, not criticism
Friday, January 3rd, 2020
Understood properly, ODSP is growing at the same rate as Ontario’s aging population… Given cuts to other disability benefit programs, the reality is that ODSP should be increasing in numbers and cost more than it has…. ODSP benefits have declined by approximately 1 per cent per year to inflation over the last 25 years.
Tags: budget, disabilities, featured, ideology, pensions, poverty, standard of living
Posted in Social Security Policy Context | No Comments »
Canada needs more workers, and political supports for children and seniors can help
Sunday, September 22nd, 2019
In 2018, for every 100 people between 15 and 64 years old, there were 50 people younger or older than them, dependent on those working people for their work and their tax revenues to pay for social programs. By 2068, that ratio will rise to anywhere between 63 and 73… in order to maintain the income supports that we already have… The more people in the workforce, the easier that becomes.
Tags: child care, economy, immigration, participation, pensions, standard of living
Posted in Social Security Debates | No Comments »
Canada’s largest companies could easily eliminate pension deficits, but choose shareholder payouts instead: Report
Sunday, September 1st, 2019
”Year after year, companies are bringing in excess income, and year after year they decide to pay that out to shareholders instead of settling their pension obligations” … Most of the 10 companies with the largest pension deficits pay out far more annually to shareholders than the value of a one-time payment to eliminate their pension liability.
Tags: economy, ideology, pensions, standard of living
Posted in Equality Debates | No Comments »
Many companies are choosing to underfund pensions even though they have the cash, study finds
Thursday, August 29th, 2019
The study found that in 2017, the 90 defined pensions were collectively underfunded by roughly $12 billion. The companies responsible for those pensions, meanwhile, paid out $66 billion in dividends to shareholders — more than five times the amount it would have cost to fund the pensions… “Shareholders are supposed to take on the firm’s risk. Instead, that risk is being shouldered by workers whose retirement security is compromised by outstanding pension deficits.”
Tags: economy, ideology, pensions, rights, standard of living
Posted in Debates | No Comments »
What if the long-expected boomer retirement boom never happens? The trend is in that direction
Wednesday, July 10th, 2019
… with lifespans now much longer than was the norm a few decades ago, both working and earning incomes for an eventual retirement are no doubt looked at differently than used to be the case. As well, workers with higher levels of education are more apt to be in the labour market as they age, as compared with those with lower levels of education… older workers may find themselves working, but on contracts or in part-time jobs, which may not be their first choice.
Tags: economy, participation, pensions, standard of living
Posted in Policy Context | No Comments »
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