Ah the gross ignorance of the G&M . Yes there is an inflation adjustment. But it is pre tax. And then there is the "claw back" provision.  And then there are the kids who believe it is their entitlement to receive financial assistance from their parents as per last weeks article by RC.  Those that saved for their retirement will become an opportunity for massive taxation down the road fully supported by the very kids that received financial help. And with zero interest rates and 2% or less return from the TSX pension funds will face bankruptcy. It is all so easy to see happening .