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matt roberts

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@mattroberts

I wear hats
πŸ‡¨πŸ‡¦ (and often πŸ‡¦πŸ‡ͺ) newsletter.mattroberts.com Joined November 2006
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matt roberts Verified account @mattroberts
You might ask why such a random number like $93K?

The average full available pension (35 years service ) of a federal government employee. Is annualized at about 65-66K. Non senior management.

$18k a year for cpp.

OAS $9k

For a grand total of $92-93k.
And let's look at that OAS clawback. OAS doesn't get clawed back until *individual* income exceeds $93,000.

Meanwhile, child benefit cheques start to get clawed back when *family* incomes reach $39,000.
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