MEDIA RELEASE – October 6, 2005
October 6, 2005
On October 6, the Executive Director of the Canadian Association of Retired Teachers, ACER-CART, appeared before the Standing Committee on Finance in a pre-budget consultation. He raised many issues of concern to seniors, namely, grants to a consortium of seniors’ organizations, direct compensation to persons leaving their jobs to take care of sick family members, splitting of household income, treatment of Old Age Security as tax-free income, increase in the pension income deduction, re-introduction of the interest income deduction, deduction of 100% of non covered medical expenses and of charitable donations.
