FOR IMMEDIATE RELEASE
(French Follows / Le Français suit)
Obhrai calls for increase in OAS at the same rates as MP salaries
December 13, 2016
(Ottawa) Today, Conservative Party of Canada Leadership Candidate Hon. Deepak Obhrai announced a proposal to raise Old Age Security Pensions (OAS) for low-income seniors at the same rates as increases to salaries for Members of Parliament.
“It is terrible that these days, many seniors are unable to meet their basic needs. And the current increases to OAS do not actually help them meet their needs. As such, I propose that these increases to OAS be equal to the increases that Members of Parliament get in their salaries. Our seniors deserve the same kind of treatment.” Mr. Obhrai said.
The announcement was first made during the second leadership debate that took place on December 6th, 2016 in Moncton, New Brunswick. The proposal is based off recent salary increases of MPs in the past few years after a wage freeze was implemented by the House of Commons Board of Internal Economy (BOIE) between 2010 and 2012 in the wake of the economic crisis. Between 2013 and 2016, MP salaries were raised by an average of 2% per year, whereas OAS was increase by an average of 1.5%. Currently, OAS is revised quarterly according to the Consumer Price Index.