In this story they said that, “About a quarter of seniors in residential
care in B.C. will now receive up to an additional $600 a year.”
The story continued that this
was taking place as the result of “… the
Province increasing the minimum monthly disposal income amount for residential
care clients to accommodate a federal government supplement top-up of $50 … raising
the minimum amount will allow low-income seniors to keep the new federal
Guaranteed Income Supplement (GIS) increase … “
There
was more to the story, but that is the real meat of it. I have to say however, I honestly was
confused about what exactly it was they were trying to say. So I posed a question to others and asked:
Can someone correct me on this if I'm wrong?
I think what I read is that the
"federal" government gave seniors an increase on pensions --- and
Christy Clark's BC Liberals are trying to take credit because they didn't take
it away by increasing "provincial taxes / fees"?
A friend (who would be knowledgeable in financial matters) responded
fairly quickly by saying:
