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First Orono Cubs Give Toys toBowmonvilleMemoriol Hos pitai The fInembers of the First Orono Cubs decided to celebrate number of toys were bought. The toys were then presented to Christmas a littie differently this year. In the past they had the pediatric ward of Bowmnanville Memorial Hospital. drawn names and exchanged gifts. This' year, they each Receiving the toys from the boys on behaif of the hospital, is brought a dollar which wasput into a fun-d from which a Mrs. Sid Rutherford (back row, centre). OId Age Increases in 'the Old Age Security Pension, Guaranteed Income $upplement payments and Canada Pension Plan, Increases in Old Age Secur- Pensions ity Pension and Guaranteed Income Supplement payments effective ini January 1975,' represent t he fifth quarterly have been announced byý escalation based on the cost of Health and Welfare Minister -living, as provided for in the Mlarc Lalonde. Old Age Security Act. IRpIi The Canadian Statesman. Bowmanville, Decernber 23. 1974 The new monthly total at the line with the full increa single rate for persons receiv- the cost of living, is the ri ing hoth the basic Old Age of an amendment tb the Security pension and maxi- last year. Previously, mra~u Guaranteed Income escalation of benefits Su p1ement wîll be $204.27. limited to two per cent For a inarried couple who year. are both pensioners, the combination of the basic pension andl maximum suppi- ement will provide a paymentGrn of $389.70 for the coupleGr n monthly. The basic Old Age Security aeIat Sension will rise in January 10 Sae ma t 120.06 from the present $117 .02. The maximum Guaranteed Income Supplement for a single person, or a married person whose spouse is not a pensioner, will go up in January 10 $84.21 from ils current $82.08. The maximum supplement for a married couple, both pensioners, will increse to $74.79 each from $72.89. Added to the basic pension, Ibis will give each married pensioner $194.85 monthly, or a total of $389.70 for the couple. Canada Pension Plan Some 600,000 pensioners and benefi ciaries under the Can- ada Pension Plan will receive~ increases in their pension of 10.4 per cent. The current maximum Canada Pension Plan retirement pension will rise to $121.00 a month as of January, 1975, from $109.60. The increse reflects the rise' D. F ERG USOI in cost of living in the last year 1 woutd like to tf and will apply 1 all persons in everyone who purchast reeit of CýPP benefïts or new or used car or truc pnin as of December 31' 1974. You have made 197Â 1974. The increase will be of the most successf ui yea reflected in the January .my sales career. By del 'cheques., ing 300 vehicies, 1 The combination of the attained the Award of G adutd.Old Age Security Sales Master. The hic adPeusien award for a G.M. salesm, ension and Canada eso would like to wish you a PA ilan retirement benefit will Christm as and a H-appy provide monthly payments'of Popru e fa $4.6where ithe maximum DOU ERGUsNe 1974 ÇPP pension is payable., Roy Nichais Motors Ltc Mr. 'Lalonde said that the escalation of benefits, under the Canada Pension Plan, in ise n resuil, Platl the\, each thank ed à ick ln 74 one ýrs of ?Iver- have :rand ihest an. I ýerry and td. Vuur '(tIi Here's good nevs ... for CPP ontributors-their surviving spouses and dependerit children Recent changes t0 the Canada Pension Plan will resuit in substantially increased benefits for 1975 and subsequent years. There are other important changes, too. Some affect people over 65 or.approaching that age. Others provide equality for the spouses and dependent children of maie and femnale contributors. These changes may require prompt action or getting advice. So we suggest you read this message very carefully. He,,-:,t.rem-ent Pensions 1Hav you contributed to the Plan, *at any lime since January 1, 1966? Are you between 65 and 69? Then you have a choice ... Apply now and start receiving your monthly CPP retirement pension. No more need to retire to collect benefits. (Once you start receiving your pension, however, you can't make further contributions 10 the Plan.) OR Continue to contribute to the CPP and possîbly build up a larger retirement pension to commence at a later date. Continuing 10 contribute is also a way to qualify survivors for benefits if you have not already done so. (When approaching age 70, you should consider applying for your retirement pension because after 70 you may no longer contribute to the Canada Pension Plan.) NOTE: Before maki ng your choice you may w/ish 10 seek advice f rom the nearest CPP off ice. The staff wil11 be pleased 10 help you. Are you approaching age 65? If you have made your choice and want your CPP retirement pension 10 commence as early as possible, you should apply two or three months bèfore your 65th birthday. NOTE: There is no provision for retroactive payment of retirement pensions between the ages of 65 and 69. So if you're in that age group or approaching it, get advice as soon as possible. Do you now receive a CPP retirement pension? As of January isI, 1975, your pension will no longer be affected by any money you earn thereafter. Z Equal Protection * 0for Maies and Females' This means that for female contributors, in addition to being ejigible for a retirement pension and disability protection for themselves. and a death benefilt payable 10 their estates, as has been the case in the past, their spouses and dependent children are now eligible for benefits as follows: Benefits for Surviving Spouses A monthly pension payablle 10 the widower who at the ti me of the death of the contributor is over 35 years of age, or under 35 years of age but is disabled or has, dependent children; that is, a benef il similar 1oi that which has always existed for widows. Benefits for Orphans A monthly benef it payable 10 unmarried dependent children under 18 and 10 unrnarried dependent children between 18 and 25 attend ing sehool or u niversity on a fulI-time basis. In order for survivors to qualify, the contributor must have died in January 1968 or later and must have contributeci for the minimum contributory period, which is three years for deaths occurring before January 1, 1975. Benef its for Children 0f Disabled Contributors A monthly benefit payable to unmarried dependent children under 18 and 10 unmarried dependent children between, 18 and 25 atàending school or university on a ful1-time basis, where the contributor concerned is in receipt of a CPP Disability Pension. '11 NOTE: In ail cases, it is necessary to-make application for benef its. If such appl icat ionsý are approved, payments can only be made currently-that is, from January 1, 1975. No payment can be made for any period prior to that date. Health Santé et and Welfare Bien-être social Canada Canada Marc Lalonde, Minister For assistance contact: Your nearest Canada Pension Plan offiîce Ybur Canada Pension Plan .keeping up with cý,ha nging times lac - s - g MAXIMUM MONTHLY ÇPP BENEFITS Other Changes: Effective Januars' 19751 The earnings ceiling-that is, the maximum amount on Retirement Pension.. ............$122.50 which contributions can be paid and on which benef ils Disability Pension.............. $139.35, can be calculated-is being raised 10 $7400 in 1975 'Surviving Spouse's Pension-under 65...... .$ 88.31 and 10, $8300 in 1976. The initial amount of earnings, over 65. ....... $81 .67 on which you are not required 10 contribute, wiJI be Orphan's Benef it. ..................... $37.27 $700 in 1975. Disabled Contributors Child's Benefit. ....... $37.27 Death Benef it ( Lump Sum)................. $740.00 I.4 Ca' d S, of T4ïýks 1 er