Every year, periodically or when budget time comes round, pensions are targeted as being ’welfare’. Apparently this is incorrect, I came across a report saying, the pension really is an entitlement.
Next time they start picking on pensions again consider this report:~
We paid taxes and dues in life, and didn’t complain when we did. Back in the 1940’s, Australians started paying a fee, to a government fund, for their pension years.
After a while the govt rolled that fee & the fund into the general tax revenue. Y’know we still pay that retirement fee, as a percentage of your tax. Now we find they’ve forgotten all about that pre-paid pension fee!
They tell us the age pension is welfare, they say it’s a benefit, it’s not an entitlement. But you’ve paid your tax and worked your dues. You had faith they’d respect you when you’re old.
Now the pollies show their arrogance, and expect us to fund our own retirement all the while superannuation companies are ripping off as much as they can. Many good & intelligent people have been unlucky, and have ended up with very little to retire on.
Take a real look at their pension/superannuation plans for politicians. They are utterly absurd.
Most people who receive a standard pension today spend all of it. Nothing is ‘saved’ they are not hoarding it, 100% of the pension goes out into the economy immediately, unlike a most politician’s.
So tell your politician (of any persuasion)
“HANDS OFF OUR PENSIONS”
For the sake of our economy and everybody in it.