The Department of Human Services (DHS) last week revealed that, by increasing the pension age from 67 years to 70 in 2025, the Government could bank $3.6 billion between 2025 and 2029. This legislation is one of the few measures still planned from the 2014 Budget.
It seems that older Australians will again be carrying the Government’s economic burden to help balance the books. However, one may question why politicians will still have access to generous taxpayer-funded pensions once they turn 60-years-old.
Is it fair for the average Australian to be expected to work until 70, when politicians can sit back and relax on more than generous taxpayer funded pensions?
Does this pass the pub test?
If I walked into 20 pubs today and asked the question “Is it fair that the pension age for politicians is currently 60 with no increase expected, while the Government plans to increase the pension age to 70 from 2025 for other Australians?”, I have no doubt that this proposed legislation would not pass the test.
The politicians of this country need to be held to the same standards as the rest of us and the only way this can happen is if you voice your opinion directly to your local member. If you feel the current rules don’t pass the pub test, why not write your local member and, as Don Chipp would say, keep the bastards honest.
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