Income Security: A Roadmap for Change
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Single Non-disabled Person<br />
Fall 2017 Year 1 Year 2 Year 3*<br />
+10% +7% +5%<br />
$721/month $794/month $850/month $893/month<br />
* Taking into account tax benefits, at the end of Year 3 this person would go<br />
from being 60% below the PRS LIM to 52% and see an additional $2,097 in<br />
total annual income<br />
Single Disabled Person<br />
Fall 2017 Year 1 Year 2 Year 3*<br />
+5% +5% +5%<br />
$1,151/month $1,209/month $1,270/month $1,334/month<br />
* Taking into account tax benefits, at the end of Year 3 this person would go<br />
from being 53% below the PRS LIM (plus 30% in recognition of the added<br />
cost of living with a disability) to 45% and see an additional $2,240 in total<br />
annual income<br />
<br />
These urgent and yet modest increases translate into annual social<br />
assistance income support of $10,716 <strong>for</strong> a single person receiving<br />
Ontario Works and $16,008 <strong>for</strong> a single person receiving ODSP. This<br />
amounts to only 63% and 70% of the amounts being provided to<br />
participants in the Basic <strong>Income</strong> Pilot <strong>for</strong> non-disabled individuals<br />
and people with disabilities respectively.<br />
This is only the starting point Over subsequent years the Minimum <strong>Income</strong><br />
Standard will be achieved through a combination of social assistance and other<br />
income security re<strong>for</strong>ms<br />
126 <strong>Income</strong> <strong>Security</strong>: A <strong>Roadmap</strong> <strong>for</strong> <strong>Change</strong>