Retirement Age rises from 65 to 67

Thursday's announcement appears to have solidified all the talk about raising the retirement age. For all individuals under the age of 54, collecting Old Age Security will begin at 67, up from 65. What do you think?

See an excerpt from a CBC article below.

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Budget makes late retirement the new normal

By Kazi Stastna, CBC News

The news was not unexpected, and for those of Generation X age or younger, it was simply more confirmation of what they've been told most of their lives: expect to work longer and retire poorer than your parents.

Finance Minister Jim Flaherty

Finance Minister Jim Flaherty announced in Thursday's federal budget that the government is raising the age of eligibility for Old Age Securityfrom 65 to 67. The government had already hinted it would do so earlier this year, but made it official in the budget, saying it will phase in the changes over six years starting in April 2023 and won't apply the new rules to anyone born before April 1,1958.

See the rest of the CBC article here.

Source URL: http://www.cbc.ca/news/business/taxseason/story/2012/03/29/f-budget-old-age-security--interview-woolley.html

ASC goes pink for Breast Cancer Awareness

This past weekend All Seniors Care was very active in bringing attention to Breast Cancer Awareness.

Staff members embraced the opportunity and helped in promoting these efforts. Residents could see servers, cooks, and managers wear pink gloves during lunch service as a symbol of support for those who have been affected by breast cancer.

We gave plenty of autonomy to each residence and so initiatives varied across the many ASC buildings.

While some did cakes others had servers dressed in pink blouses. We found flowers, serviettes, dainties, balloons, dessert, and volunteers; all dressed in pink!

Residents also came dressed in pink - a wonderful fellowship.

Many residents are still talking about the powerful showing of support.

Quite a statement!

For more information about breast cancer, volunteer opportunities or to make a donation, please visit this link to the Canadian Breast Cancer Foundation. http://www.cbcf.org/en-US/home.aspx