🚀 go-pugleaf

me wrote:

> In article <3761AF8D.376A17A1@bc.sympatico.ca>,
> Jason_Moore@bc.sympatico.ca says...
> >
> >
> > jenuths@homacjen.ab.ca wrote:
> >
> > > In can.legal me <vaxguy@home.com> wrote:
> > > : In article <__283.6435$8%6.504326@news1.telusplanet.net>,
> > > : appaloosa@telusplanet.net says...
> > > :> seeking a pension is far easier for some than seeking employment or careers.
> > > :> they should raise the age to 45.
> > > :>
> > > :> --
> > > :> ------------------------------------------------
> > > :> Calgary , Alberta / Canada
> > > :> appaloosa@telusplanet.net
> > >
> > > : I disagree. I was 33 when my wife, 35 at the time, passed away, in 1989.
> > > : We had a child who was 8 at the time. She was disabled throughout her
> > > : adult life. I was, by necessity, the sole breadwinner for the latter
> > > : years of her life. The financial aspect was quite a strain, on top of her
> > > : worsening medical condition at the time. She was on CPP Disability
> > > : benefits.
> > >
> > > : When she passed away, I was able to collect survivor and orphan's
> > > : benefits. It came in handy, indeed. It was only under $300 then, and is a
> > > : bit over $400/month now. This is taxable income.
> > >
> > > : I'm on the other side of the fence, and while it is not greener, I do not
> > > : mind the gov't paying out benefits to any spouse, regardless of age. If
> > > : they, or their deceased spouse, paid into it, then they should certainly
> > > : get some money out of it.
> > >
> > > I suppose that this could be done.  But would people think that increasing
> > > CPP premiums to cover the additional expense would be acceptable.
> > >
> >
> > What is interesting is that the private sector already does an excellent job of
> > this.  The above should be a wake up call to many people to check out life
> > insurance and disability insurance no matter how much we hate insurance sales
> > people :-)
> >
> >
> >
> > >
> > > Best regards,
> > >
> > > Stephen Jenuth
> > > (jenuths@homacjen.ab.ca)
> > >
> > > Quidquid latine dictum sit, altum viditur.
> >
>
> The above is NOT a wake-up call at all. Because my wife was disabled with
> a congenital condition, she was *uninsurable*. The private sector, just
> as the government, has it's own weaknesses. We looked into all the
> possibilities we could think of, and the only one that came through in
> any wat whatsoever, was the CPP.
>
> However, were we to have bought insurance while we were young (21 or so),
> before her disability manifested itself, we would have been able to get
> insurance. But how many 21 yr olds get life/disability insurance, unless
> it is offered through work?

Hence the unfortunate wake up call.  Anyone, particularly young people (I'm 25 and have
to go out and get myself life and disability insurance soon as I haven't done this
since I changed jobs). If something were to happen to me before I received my insurance
policy it is NOT the private sectors fault that I was too lazy or unthinking to protect
myself.

Interestingly the gov't creates other problems that would be a significant weakness. I
have been married for over a year now (lived together for 5 years) and if my wife
didn't have insurance and I didn't have insurance and something happened to one of us
we wouldn't be able to get the CPP benefit because we are under 35. This does not mean
that it is the gov't's fault for not protecting us through the CPP. Once again the
fault lies with us for not looking after our own interests.