Sentences with phrase «old age pensions»

As a bonus, they may still be able to collect old age pension and other available government money.

There is no reason why someone with an income of $ 80,000 per year should still receive old age pension.

It was first proposed in the 1908 «People's Budget» of David Lloyd George, along with a dramatic expansion of the scope of Income Tax and plans for a system of old age pensions (which would be funded at this time by general taxation).

When you factor in how low old age pensions are in Canada, a significant debt load can really hinder an individual's ability to meet their monthly financial obligations.

The GIS is a form of social assistance for lower income Old Age Pension recipients.

The OAS Allowance and the Allowance for the Survivor are monthly benefits for spouses or partners (aged 60 to 64 years) of low income Old Age pension recipients.

Diversified Equity Portfolio Large Cap Portfolio Small and Mid Cap Portfolio Multi Cap Portfolio Flexicap Portfolio Top Equity Mutual Funds Best Balanced Funds Best Income Generating Funds Dividend Paying Mutual Funds Monthly Income Plan Retirement Income Plan Pension Plan Retirement Plan Pension Scheme Annuity Old Age Pension Low Risk Mutual Funds Top Debt Funds Top Liquid Funds Better than FD funds Better than RD funds Super Savings Account

January 1952 saw the beginning of the country's first universal old age pension, Old Age Security, for people 70 years of age and over.

Or it wouldn't, had not the government added two further conditions to its «no tax hikes» pledge: that it would make no cuts in transfers to provinces, or to persons (notably old age pensions and employment insurance).

Overall, 61 % think that the state old age pension paid to people living in Scotland should be funded out of UK - wide tax revenues, while just 34 % believe that it should be funded out of revenues raised in Scotland alone.

By 1932 seventeen states had old age pension laws, although none were in the south, and 87 % of the money available under these laws were expended in only three states (California, Massachusetts and New York).

To solve this issue they did the following: they set aside a portion of general tax revenues (Manufacturer's sales tax which later became the GST) for OAS, increased corporate tax rates and introduced a small tax on individuals (Old Age Pension Tax).

Additionally, lenders should consider «to the extent possible» the stability of the borrower's income, including «possible negative outcomes,» meaning variability in the person's salary or wages, taking a drop from salary to old age pension into account.

The Pension Fund Development and Regulatory Authority, set up in 2003, regulates three broad types of pension schemes — the government pension schemes (such as the one that covers Amit Chandra), the National Old Age Pension Scheme for people living below the poverty line, and the private pension schemes / funds.

Changing to renewable electricity costs about 1.5 % of gdp, which is considerably less than governments spend on old age pensions.

In 1889, Bismarck introduced the Old Age Pension, an annuity paid to workers who reached age 70.

In the short - run it would primarily work through EI, but one could also imagine souping up the GST credit, the Canada Child Tax Benefit and Old Age Pensions, not to mention provincial welfare systems.

Our «old age pension» - NZ Superannuation - supports a basic standard of living in retirement.

That said, what I really, really despise, is the TV Evangelists that would ask for more and more money, and guilt it out of people... and of course, the most vunerable are the elderly or sick shut - ins that often would send their old age pension, and barely eat, thinking that they were doing good... and the TV Evangelists could care less that they were literally taking food money from them.

He had dealt with various areas such as agriculture, old soldiers, public health, war treaties, capitalism, capital punishment, coinage, communism, land, old age pensions, divorce, artificial insemination, slaughter houses, reformation of criminals, tramps money, over population and others.

And there is even less support in both countries for the idea that the old age pension might be different.

«As we deal with the deficit we are protecting the things people cherish the most - like the National Health Service and the old age pension that we are re-linking to earnings.

At the other end of the scale the age at which the old age pension is eligible is being increased with little fuss.

The Prime Minister got hot and red and very rude - accusing Chris Bryant of hypocrisy (not unreasonably in this case) and advising Dennis Skinner to draw his old age pension.

Discussions within Canadian government began in 1906 and in 1927, the Old Age Pensions Act was created which caused the federal government to half the cost of provincial pensions for anyone 70 or older.

It is a voluntary retirement scheme set up by the government through which one can save for his / her old age pension and / or create a retirement corpus.

From pennies to old age pensions, yesterday's budget was full of unexpected quirks.

At that time, the only government - sponsored retirement program was the Old Age Security (OAS), which replaced the Old Age Pension five years earlier in 1952.

Lenders in the UK are reportedly denying mortgages to applicants in their late 30s and 40s primarily due to the fact that they would be paying off their mortgage into retirement with their old age pension as their primary income source.

But if I've got the old age pension for necessity it won't matter if the volume of sales doesn't get to be enough to live on right away.

Paying taxes to support the old age pension is one thing, paying taxes or allowing a direct siphon out of your pocket to support wind farms and other «fantasy green» schemes is just plain ridiculous.

According to the panel, Kopyto «does not pay taxes, except through garnishment by CRA of his old age pension.»

The Old Age Security (OAS) program provides a modest monthly pension, often called the Old Age Pension, for people aged 65 years and older.

However, that does not mean that its «principles» have remained unchanged... Workers» compensation, as conceived by Meredith, was designed when actuarial science was in its infancy, instituted prior to public provision of health care, social welfare and old age pensions, and designed to displace private litigation arising out of workplace injuries in an age when negligence doctrine was in a formative stage, class actions unknown and contingent fees forbidden.»

For eg, old age pension, widow pension, or the benefits from MNREGA.