From pensions to health benefits, the absence of inflation indexing is making us poorer
Many aspects of people’s financial lives – tax credits, social assistance and health benefits, to name a few – are not adjusted to retain their dollar value. For some, the financial hit is relatively small. For others, it’s massive
![From pensions to health benefits, the absence of inflation indexing is making us poorer](https://www.theglobeandmail.com/resizer/v2/ZPMLLNXK75FZ5O67R4H5ADZX7U.jpg?auth=47b6cfcd4f0ab52dad6b6f342497cb058d56a381bb838cfe87a5bad86a017bfd&width=560&quality=80#)
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Many aspects of people’s financial lives – tax credits, social assistance and health benefits, to name a few – are not adjusted to retain their dollar value. For some, the financial hit is relatively small. For others, it’s massive