Ruby – Alleged Wicked Witch of Nannies

Quote: Originally Posted by SirJosephPorter

My opinion – This is total BS – You sponsor then you support until they have reached the 10 year residency requirement

Goober, residency requirement is 10 years? I thought it was three years; immigrants could obtain Canadian citizenship after living in Canada for three years. Have they changed the residency requirements recently?

Quote: Originally Posted by Goober

This is in regards to pension qualification -Canada has agreements with countries such as the UK etc who have plans and their citizens like us pay into them. They can also draw from that pension - These other countries Ruby refers to have no plans, Canada has no agreements with them and Canadian taxpayers would foot the bill. BS to me.

Quote: Originally Posted by AnnaG

*Sings* "Oh, Ruuuuuuuuuby, don't take your love to town".

Quote: Originally Posted by taxslave

Sounds like something a socialist would do. But hey it is only your and my tax dollars we are talking about here. Out of curiosity would a person born in Canada but never paid into the pension plan be entitled to the same benefits?

Quote: Originally Posted by SirJosephPorter

I don’t think so, taxslave; CPP is strictly that, a pensions plan. You contribute to it and you get pension according to what you contributed. This regardless of your income. Even if you are a multimillionaire, you will still get CPP if you contributed to it.

I don’t think somebody who did not contribute to CPP would get a penny. He may be eligible for other benefits (Old Age Security etc.), but not for CPP.

Quote: Originally Posted by taxslave

Same thing. If they come here as seniors then they have never contributed taxes which go to Old Age Security. It is still a pension plan. Bet they get fee medical too. I can't imagine why we would let people into our country if they are just going to be parasites. If anyone is coming here to retire they should have to prove that they are financially secure first, including their health care.

Quote: Originally Posted by taxslave

Same thing. If they come here as seniors then they have never contributed taxes which go to Old Age Security. It is still a pension plan. Bet they get fee medical too. I can't imagine why we would let people into our country if they are just going to be parasites. If anyone is coming here to retire they should have to prove that they are financially secure first, including their health care.

Quote: Originally Posted by karrie

YouTube - Ruby Dont Take Your Love to Town

Quote: Originally Posted by VanIsle

If we want to talk discrimination: I have mentioned this before - not completely sure it was here but anyway --- my husband being a former member of the RCMP gets his OAS clawed back. Throughout his entire career with the RCMP he paid into a pension plan. Then when he turned 65, and was eligible for OAS, his RCMP pension was clawed back so far that the amount he receives for OAS is so small that I cannot even remember the exact amount. It's somewhere around $30.00 per month. He paid into his plan for 30 years. Not 3 years. No one in government is jumping up and down to fix this faux pas. It is supposed to be before the courts to have this amended but we all know how long they can stall that.

Quote: Originally Posted by TenPenny

That's because that was a part of his RCMP pension that was agreed to.
My father had the same thing, and he was with the phone company.

Quote: Originally Posted by VanIsle

If we want to talk discrimination: I have mentioned this before - not completely sure it was here but anyway --- my husband being a former member of the RCMP gets his OAS clawed back. Throughout his entire career with the RCMP he paid into a pension plan. Then when he turned 65, and was eligible for OAS, his RCMP pension was clawed back so far that the amount he receives for OAS is so small that I cannot even remember the exact amount. It's somewhere around $30.00 per month. He paid into his plan for 30 years. Not 3 years. No one in government is jumping up and down to fix this faux pas. It is supposed to be before the courts to have this amended but we all know how long they can stall that.

Quote: Originally Posted by AnnaG

lol I was thinking about Kenny Rogers' version (only version I ever heard), but thanks. This version sounded like it was done by the guy from U2 only without all the ohs, ooos, uhs, etc. lol

Quote: Originally Posted by DaSleeper

Maybe you're mixing his union contract concerning pension with OAS..
When I retired...I was receiving...on top of my company pension, a supplement called "Bridging" (other companies may have another name for it), which equaled the amount of OAS at the time, until I would reach 65...At 65 that amount would be cut off ..when you receive OAS...A pretty standard clause in most union contracts

So it's not unfair treatement...It's negotiated by your union...
I actually gained a few bucks from that, because in the 8 years from my retirement to the time I first received OAS...OAS had increased considerably..

Quote: Originally Posted by karrie

Yeah, I don't care for the Rogers version as much. I like Cake much more. check out some of their other youtube stuff... they're kind of a country/modern rock blend. They do some really neat covers, like the 'manha manha' song. lol.

Quote: Originally Posted by VanIsle

The RCMP are non-union. Bridging doesn't enter into his payments. I know for some government workers it does but not his. For certain pay raises (I'm not sure how all this worked but the part I speak of now has nothing to do with the clawback on OAS) he had to reach the number 85 which was arrived at by his age and years of service. He has always received a cost of living index every year. I don't know if that will apply this year or not. Have to wait until the end of March. It's never very much but it beats zero.

Quote: Originally Posted by VanIsle

If we want to talk discrimination: I have mentioned this before - not completely sure it was here but anyway --- my husband being a former member of the RCMP gets his OAS clawed back. Throughout his entire career with the RCMP he paid into a pension plan. Then when he turned 65, and was eligible for OAS, his RCMP pension was clawed back so far that the amount he receives for OAS is so small that I cannot even remember the exact amount. It's somewhere around $30.00 per month. He paid into his plan for 30 years. Not 3 years. No one in government is jumping up and down to fix this faux pas. It is supposed to be before the courts to have this amended but we all know how long they can stall that.

Quote: Originally Posted by SirJosephPorter

VanIsle, Old Age security is subject to clawback, CPP is not. In that respect, CPP is a true entitlement, you get strictly based upon what you contributed.

OAS is more based upon need. I think it is linked to the income, greater the income, less you get (at a certain income it disappears altogether).

Your husband’s pension is income and as such is subject to OAS clawback. Same way, wealthy people have sufficient income so that they don’t receive any OAS, it is all clawed back. I think only the truly needy get the full OAS.

There are ways to maximize one’s OAS benefits, financial experts can help in this respect. But the point is, your husband is not the only one, almost everybody is subject to some OAS clawback. In CPP of course, there is no clawback.

3) Why does my RCMPSA pension reduce at age 65?
The RCMP pension plan is integrated with the Canada and Quebec pension plans (CPP/QPP). Integration affects both contributions and benefits. When the CPP and QPP came into effect on January 1, 1966, the federal government, like most Canadian employers offering a pension plan for their employees, decided to integrate contribution rates under the new CPP/QPP with federal employee pension plans, including the RCMPSA. It did so rather than having employees pay full CPP/QPP contributions in addition to full RCMPSA contributions .
This means, firstly, that you contribute to your RCMP pension plan at a reduced rate of 4 % on your salary up to the maximum covered by CPP/QPP of $41,100 in 2005. Secondly, it means that your pension benefit under the RCMP pension plan will also be reduced by a standard formula when you become eligible to draw CPP/QPP benefits at age 65 or when you begin to draw CPP/QPP disability benefits at any age.
4) How is the CPP/QPP integration reduction calculated?
The reduction in your RCMP pension is based on the number of years of pensionable service to your credit under the RCMP pension plan and on the average maximum pensionable earnings (AMPE) under the CPP or the QPP, YMPE for the year of your retirement and the four preceding years. If the average of your pensionable earnings for the same years was below that amount, this lower average will be used...

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Quote: Originally Posted by TenPenny

"This means, firstly, that you contribute to your RCMP pension plan at a reduced rate of 4 % on your salary up to the maximum covered by CPP/QPP of $41,100 in 2005. Secondly, it means that your pension benefit under the RCMP pension plan will also be reduced by a standard formula when you become eligible to draw CPP/QPP benefits at age 65 or when you begin to draw CPP/QPP disability benefits at any age."

So, you contribute at a reduced rate, and then the benefits are reduced when the CPP kicks in.

You contribute less, and receive less.