Dr. Williamson and Dr. Kelly, do you acknowledge that there's a link between seniors' financial insecurity and the risk of finding themselves in a more vulnerable situation?
For example, senior women aged 65 to 74 didn't receive a 10% increase in their pensions, as was the case for senior women aged 75 and over. That leaves senior women aged 65 to 74 without an increase in their pension. However, inflation, higher grocery prices and higher rents are making it harder and harder to make ends meet at the end of the month.
What do you think about this inequality between a woman aged 67 and a woman aged 77?
Why would it be important for all seniors, as soon as they turn 65, to receive the same pension amount? What's more, there's no indexation method that adequately reflects inflation and the rising cost of living, and benefits aren't increasing at the same rate as wages.
In terms of these senior women who didn't receive an increase in their pensions, what impacts might that have on their vulnerability?
