Both sides of parliament planned to adjust the pension assets test so we've got no chance of changing anything.
We lost over $100 per fortnight but who cares, we could afford to. We basically have to spend a little bit more of our own money now. There's nothing wrong with that.
As our assets drop our pension will increase just like normal
Nothing's going to change despite a lot of ''hot air'' being released by a few wrinklies. As usual the media is ''whipping up a frenzy''.
Relax & enjoy retirement instead of tying yourself in knots.
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Cheers Keith & Judy
Don't take life too seriously, it never ends well.
Trip Reports posted on feathersandphotos.com.au Go to Forums then Trip Reports.
I am no fan of politicians, but at least lets get all the facts correct re their "pension".
1) They DO NOT receive the Age Pension when then leave parliament. Any pension they receive is part of their superannuation, as it should be. It is provided for out of their employer superannuation account, as it would be for any Australian. Whether that employer super scheme is too generous is different matter.
2) They DO purchase that superannuation, paying a fixed amount into their super account from their salary. It is in fact non negotiable and higher than many ordinary workers choose to pay into their salary, and is set at something like 11.5%. I know I never had to contribute that level, over and above employer contributions. I did have the option to contribute if I wished.
3) They cease to receive parliamentary salary when they leave parliament, just like anyone leaving a job. They would be expected to go to Centrelink if they looked to get benefits or assistance with employment.
4) What "privileged" health care system do they have?
5) Politicians ARE bound by the same laws that we are.
As I say, I am no fan of them, but this sort of Americanised stuff is no better than the drivel the politicians put out about themselves. I have commented on my thoughts about the changes to Aged Pension on another thread, so won't again, but I do feel for those that are affected by them.
Change the system, yes, but use facts to do it.
-- Edited by TheHeaths on Saturday 31st of December 2016 07:19:45 AM
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Regards Ian
Chaos, mayhem, confusion. Good my job here is done
This subject is a no no on this forum if you had read the rules you would know so . All this was out before the last election and people did vote knowing this was about to happen on 1 - 01 2017 .
How many times can you beat the same drum - this subject has been done to death. I agree with Brickles this will only start another round of personal attacks as has already happened whenever this subject has come up before.
I am no fan of politicians, but at least lets get all the facts correct re their "pension".
1) They DO NOT receive the Age Pension when then leave parliament. Any pension they receive is part of their superannuation, as it should be. It is provided for out of their employer superannuation account, as it would be for any Australian. Whether that employer super scheme is too generous is different matter.
2) They DO purchase that superannuation, paying a fixed amount into their super account from their salary. It is in fact non negotiable and higher than many ordinary workers choose to pay into their salary, and is set at something like 11.5%. I know I never had to contribute that level, over and above employer contributions. I did have the option to contribute if I wished.
3) They cease to receive parliamentary salary when they leave parliament, just like anyone leaving a job. They would be expected to go to Centrelink if they looked to get benefits or assistance with employment.
4) What "privileged" health care system do they have?
5) Politicians ARE bound by the same laws that we are.
As I say, I am no fan of them, but this sort of Americanised stuff is no better than the drivel the politicians put out about themselves. I have commented on my thoughts about the changes to Aged Pension on another thread, so won't again, but I do feel for those that are affected by them.
Change the system, yes, but use facts to do it.
Gday...
THANKS for that - some facts to balance the emotive rhetoric espoused above.
You did miss one though -
4. Politicians will no longer vote themselves a pay raise. Politicians pay will rise by the lower of, either the CPI or 3%.
Politician remuneration is set by an independent panel -
The Remuneration Tribunal is an independent statutory body established by the Remuneration Tribunal Act 1973. This legislation allows the Tribunal to inquire into and determine allowances paid out of consolidated revenue to senators and members.
For interest -
Cheers - John
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This particular piece in the opening statement was sent out byy privste message to me and many others taking 20 messages in total.
A friend found her facebook page had been hacked and as a result a lot of her friends including me received it.
Not sure if and correctness in it, just tha now she is in the middle of trying to clean up her facebook page because of this.
Both sides of parliament planned to adjust the pension assets test so we've got no chance of changing anything.
We lost over $100 per fortnight but who cares, we could afford to. We basically have to spend a little bit more of our own money now. There's nothing wrong with that.
As our assets drop our pension will increase just like normal
Nothing's going to change despite a lot of ''hot air'' being released by a few wrinklies. As usual the media is ''whipping up a frenzy''.
Relax & enjoy retirement instead of tying yourself in knots.
We do not even know who the OP is , They haven't posted a name on there forum page could be anybody .
You can gain a fair bit about him/her through the profile (just click on his nick.) Then have a look at the Posts on the LHS. When you click on either "Topics Started"or "Member Posts" you will see that the vast majority of his postings are jokes. Is this another or has he now joined the ranks of the stirrers?
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PeterD Nissan Navara D23 diesel auto, Spaceland pop-top Retired radio and electronics technician. NSW Central Coast.