Cafe Chat Discussion

  • David
    David
    Posted on:
    10th Mar 2010 03:03pm

    Last Post 19th Aug 2010
    Replies     7

    Discussion: Australian pension system

    Should the Pension system be under Centerlink or a separate dept dealing with Pensions only
    The current system of Pension payment should be abolished
    Superannuation and Pensions should be under a system backed by Australian Insurance Companies but run under the Govt Umbrella
    Pension payments should be compulsory from salaries as it is in the UK.
    Age 65 should be retained for retirement , not 67

  • fragment
    fragment
    Posted on:
    17th Mar 2010 09:53am

    fragment says: yer I agree with the comment you made keep 65 not 67 thats a load of govt crap they worked their buts of and deserve that pension at 65 here in good old NZ the govt are trying to raise it to 67 too because they havn't got the skilled people or the generation to be able too carry on .

  • saltashlady
    saltashlady
    Posted on:
    17th Mar 2010 08:21pm

    saltashlady says: I have been working all my life. I don't know about you, but at 61 I feel old and the body is tied and wearing out. I have all sorts of aches and pains and are worse now then when I was 55, so I don't think it's going to get better by 65. The Pollies have talk about making it 70. That's fine for them, they will be able to afford someone to do it all for them on their great pensions. Not the ordenary person, on an ordenary wage. I can't see a 70 yr old man digging roads!!!

  • Dee
    Dee
    Posted on:
    18th Mar 2010 10:32am

    Dee says: I agree that the pension age should stay at 65 as I find that after 55 most of my contemparies are just burnt out and hanging out to retire. However I do not think that insurance companies should be in charge of pension payments. I do however think that the payments should be compulsory as we now find that superanuation is and that it should be run by the solely by the govt. The reason for this is that insurance companies are apt to go broke and then you lose all of your pension as happens in America.

  • tabbycat
    tabbycat
    Posted on:
    27th Apr 2010 10:56pm

    tabbycat says: I think 60 is a more realistic age for retiring. I'm not even close yet. :)
    A lot of places simply will not employ older people???
    I wish they would, the service I receive from more mature salespeople is so great.
    I'm not too sure what u mean about the pensions. Some old people only have a pension from centrelink and have no super. Things go wrong sometimes n life and some pople are left without money or a home etc.

  • Sherri
    Sherri
    Posted on:
    12th Jul 2010 02:23pm

    Sherri says: I trust Companies better than our current Government. Perhaps non-government assessors could treat us more as individuals and adjust our pensions according to our unique circumstances.

  • misstarnia
    misstarnia
    Posted on:
    17th Aug 2010 10:54am

    misstarnia says: I agree that the retirement age should not increase to 67 and pensions should be controlled by anything other than Centrelink. Insurance companies fail, we saw that a while ago with AMP in the UK and even though we're on the other side of the world it affected AMP in Australia. Yeah that will take care of the administrative side but what about protecting it - the Government must protect the pensions and super, they do look after themselves the pollies, even when they've done wrong or have been in the job for a short period, still recieve a massive pension for life.

  • Hughie
    Hughie
    Posted on:
    19th Aug 2010 04:25pm

    misstarnia says: I agree that the retirement age should not increase to 67 and pensions should be controlled by anything other than Centrelink. Insurance companies fail, we saw that a while ago with AMP in the UK and even though we're on the other side of the world it affected AMP in Australia. Yeah that will take care of the administrative side but what about protecting it - the Government must protect the pensions and super, they do look after themselves the pollies, even when they've done wrong or have been in the job for a short period, still recieve a massive pension for life.

    Hughie says: The retirement age should be 65, unless a person is willing and able to stay on.Pensions should be the responsibility of both State and Federal Governments, and should be related (a) to the cost of living and (b) for those who do noy have super to fall back on, an amount equal to the minimm wage. Of course this is not likely to happen because the Politicians are always quick to grab a pay rise first. These people are well overpaid and get too many perks as it is.

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