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  Australian Politics Forum › General Discussion › Federal Politics › On Track For $1 Billion, Public Service Payouts
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On Track For $1 Billion, Public Service Payouts (Read 3320 times)
Datalife
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Re: On Track For $1 Billion, Public Service Payouts
Reply #15 - Aug 25th, 2014 at 1:24pm  
Vic wrote on Aug 25th, 2014 at 1:14pm:
Actually, one of the first super schemes in Australia.  Started in the late fifties as DFRB then changed in 1972 to DFRDB.   Means I won't have to bludge on the pension for the rest of my retirement - unfortunately, I will pay tax but with proper indexation now my fortnightly payment will at least stay current.


The indexation benchmark issue does need to be looked at and indexed against say what the pollies use.  I believe that for over 55s that is either happening or is pending legislation.  It was one of the main platforms of the still born Australian Defence Veterans Party that seems to have died in a flaming wreck of personality clashes and is trying to resurrect itself.
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"If they’re out there in the high seas, what you would do is seek to turn them back through the agency of the Australian Navy".

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Re: On Track For $1 Billion, Public Service Payouts
Reply #16 - Aug 25th, 2014 at 1:57pm  
Datalife wrote on Aug 25th, 2014 at 1:24pm:
Vic wrote on Aug 25th, 2014 at 1:14pm:
Actually, one of the first super schemes in Australia.  Started in the late fifties as DFRB then changed in 1972 to DFRDB.   Means I won't have to bludge on the pension for the rest of my retirement - unfortunately, I will pay tax but with proper indexation now my fortnightly payment will at least stay current.


The indexation benchmark issue does need to be looked at and indexed against say what the pollies use.  I believe that for over 55s that is either happening or is pending legislation.  It was one of the main platforms of the still born Australian Defence Veterans Party that seems to have died in a flaming wreck of personality clashes and is trying to resurrect itself.



NO wonder sounds like a mishmash
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