MPP Sylvia Jones pushes for provincial welfare changes to accommodate the RDSP in Ontario for people with disabilities. See below for article as found in the Orangeville Citizen:
Jones Bill Would Preserve Disability Benefits
Dufferin-Caledon MPP Sylvia Jones says a bill she has introduced in the Ontario legislature will prevent the provincial Liberals from “clawingback” investments made into a Registered Disability Savings Plan (RDSP).
Plans for the RDSP were announced by the federal government in its 2007 budget and the plan is slated to come into effect later this year. Its intent is to help parents and others save for the long-term financial security of a disabled child.
The federal plan allows funds to be invested taxfree until withdrawal and contributions are eligible for the new Canada Disability Savings Grant.
There is also a new Canada Disability Savings Bond for individuals with lower family net incomes.
Ms. Jones, the Progressive Conservative community and social services critic, says that as the law stands in Ontario, the RDSP would be considered an additional asset to be taken into consideration when calculating social assistance benefits. Thus, it could mean a reduced amount paid in the benefit.
To see the article in its entirety you can visit: http://www.citizen.on.ca/news/2008/0619/regional_news/017.html
To view the Press Release visit: http://www.ontla.on.ca/library/repository/monoth/11000/283589.pdf
To view the status of the Bill visit: http://www.ontla.on.ca/web/bills/bills_detail.do?locale=en&BillID=2038&detailPage=bills_detail_status