Escalating cost of living tarnishes the golden years for pensioners

Doreen and Gerry Noseworthy retired more than 20 years ago. Doreen taught primary school and Gerry worked as an accountant and an administrator in the provincial public service. (Chris O’Neill-Yates/CBC) When Doreen Noseworthy retired in 2002 after a career in teaching that spanned almost four decades, she believed she and her husband, Gerry, an accountant, were set for life. Both of them retired with pensions, hers a reduced one because she took time out to raise their two children. But they lived within their means, and the so-called “golden years” lay in a long stretch before them. What they did not foresee was the sharp escalation in the cost of living in recent ye

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