Australian Politics Forum - Waiting Longer For The Aged Pension

Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Waiting Longer For The Aged Pension Reply #225 - Jan 12^th, 2015 at 7:16pm Quote: Yes but isn't that a little too new for some people?. The 70yo pension age doesn't take effect for 20 years Crook.
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longweekend58

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Re: Waiting Longer For The Aged Pension
Reply #226 - Jan 12^th, 2015 at 8:38pm

Dnarever wrote on Jan 12^th, 2015 at 6:38pm:

Swagman wrote on Jan 12^th, 2015 at 5:33pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

You can retire when you want to. Nobody is forcing anyone to work until 70 years old.

You keep saying that - nobody believes you, while your rhetoric is correct the fact remains that the retirement age has been increased and there are many many people who have no other viable option.

it was increased by your beloved LABOR. and it remains the PENSION age, not the retirement age!

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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #227 - Jan 12^th, 2015 at 9:09pm

Swagman wrote on Jan 12^th, 2015 at 6:51pm:

Dnarever wrote on Jan 12^th, 2015 at 6:48pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

increased to 12 per cent now

The Liberals pushing back retirement age because we can't afford it and at the same time pushing back superannuation increases just to make sure that people are less likely to be self sufficient in retirement effectively increasing the pension bill they are saying that they can not afford.

Hint: If on one hand you can not afford to pay the pension increasing the cost with the other hand is probably not such a great idea.

Here's something new. Save your own money and create your own wealth for retirement....

The deal to eventually go the 12% was in place in the 1992 and the employer has had over 22 years to be ready.
the first savings were in deed paid into by employees who took zero wage case increases to have the money put into Super which was matched by the employer. i.e. the original 6% was paid 3% from employees and 3% from the employer.

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Dnarever Gold Member Offline Australian Politics Posts: 59310 Here Gender:	Re: Waiting Longer For The Aged Pension Reply #228 - Jan 12^th, 2015 at 9:11pm Swagman wrote on Jan 12^th, 2015 at 7:16pm: Quote: Yes but isn't that a little too new for some people?. The 70yo pension age doesn't take effect for 20 years Crook. OH that is OK then we don't care about people 50 or under ?
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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #229 - Jan 12^th, 2015 at 9:12pm

longweekend58 wrote on Jan 12^th, 2015 at 8:38pm:

Dnarever wrote on Jan 12^th, 2015 at 6:38pm:

Swagman wrote on Jan 12^th, 2015 at 5:33pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

You can retire when you want to. Nobody is forcing anyone to work until 70 years old.

You keep saying that - nobody believes you, while your rhetoric is correct the fact remains that the retirement age has been increased and there are many many people who have no other viable option.

it was increased by your beloved LABOR. and it remains the PENSION age, not the retirement age!

You don't believe that Labor ever got anything wrong ?

I am not that fond of Labor.

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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #230 - Jan 12^th, 2015 at 9:15pm

longweekend58 wrote on Jan 12^th, 2015 at 8:38pm:

Dnarever wrote on Jan 12^th, 2015 at 6:38pm:

Swagman wrote on Jan 12^th, 2015 at 5:33pm:

Quote:

Thank you Sir Bobby. Yes super should be increased to 12 per cent now. What a ridiculous idea it is, expecting people to work till they are 70 years old. It looks like the Abbott government, have lost their mind. Sad

You can retire when you want to. Nobody is forcing anyone to work until 70 years old.

You keep saying that - nobody believes you, while your rhetoric is correct the fact remains that the retirement age has been increased and there are many many people who have no other viable option.

it was increased by your beloved LABOR. and it remains the PENSION age, not the retirement age!

You can not get the pension without retiring.

For many people it is not feasible to retire without the pension irrespective of your semantics these people have no other real option.

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Swagman

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Re: Waiting Longer For The Aged Pension
Reply #231 - Jan 12^th, 2015 at 9:16pm

Dnarever wrote on Jan 12^th, 2015 at 9:11pm:

Swagman wrote on Jan 12^th, 2015 at 7:16pm:

Quote:

Yes but isn't that a little too new for some people?. Sad

The 70yo pension age doesn't take effect for 20 years Crook.

OH that is OK then we don't care about people 50 or under ?

They have 17 years to save enough cabbage to cover the 3 year gap.

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Bobby.

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Re: Waiting Longer For The Aged Pension
Reply #232 - Jan 12^th, 2015 at 9:20pm

Dnarever wrote on Jan 12^th, 2015 at 9:11pm:

Swagman wrote on Jan 12^th, 2015 at 7:16pm:

Quote:

Yes but isn't that a little too new for some people?. Sad

The 70yo pension age doesn't take effect for 20 years Crook.

OH that is OK then we don't care about people 50 or under ?

Someone who is 56 now won't get the pension until 67.5 years of age.
That is 11.5 years away - not 20 years.

Basically - if they can't get hold of some super they're in a hell of a situation.

There are many people in their 50s like that - millions of them.

The prices are going up for everything.

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Sir lastnail

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Re: Waiting Longer For The Aged Pension
Reply #233 - Jan 13^th, 2015 at 6:54pm

Bobby. wrote on Jan 10^th, 2015 at 10:46pm:

What a rip-off -

you work all your life paying for other people to get a pension
& then when you're old & can't work - you don't get one.

The Govt. is quick to grab taxes while you're working -
but they don't want to know you if you lose your job -
it would mean having to give you some of your taxes back!

There was always an expectation that the money you paid for other people to get a pension
was a kind of insurance - that you would be protected as well.

It was a scam - you've all been ripped off.

Then they funnel you into some hare brain super scam which steal money from you and gamble it on the share market. They won't even let you acquire some precious metals with YOUR money even though the companies they buy shares in mine these precious metals !!

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imcrookonit Ex Member	Re: Waiting Longer For The Aged Pension Reply #234 - Jan 13^th, 2015 at 7:09pm Well said Sir Bobby, a gold star for you.
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Bobby.

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Re: Waiting Longer For The Aged Pension
Reply #235 - Jan 13^th, 2015 at 7:13pm

Sir lastnail wrote on Jan 13^th, 2015 at 6:54pm:

Bobby. wrote on Jan 10^th, 2015 at 10:46pm:

What a rip-off -

you work all your life paying for other people to get a pension
& then when you're old & can't work - you don't get one.

The Govt. is quick to grab taxes while you're working -
but they don't want to know you if you lose your job -
it would mean having to give you some of your taxes back!

There was always an expectation that the money you paid for other people to get a pension
was a kind of insurance - that you would be protected as well.

It was a scam - you've all been ripped off.

Then they funnel you into some hare brain super scam which steals money from you and gamble it on the share market. They won't even let you acquire some precious metals with YOUR money even though the companies they buy shares in mine these precious metals !!

Go figure?

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Bobby. Gold Member Offline Australian Politics Posts: 106881 Melbourne Gender:	Re: Waiting Longer For The Aged Pension Reply #236 - Jan 13^th, 2015 at 7:15pm Quote: Well said Sir Bobby, a gold star for you. Thanks Sir Crook.
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Dnarever

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Re: Waiting Longer For The Aged Pension
Reply #237 - Jan 13^th, 2015 at 7:18pm

Swagman wrote on Jan 12^th, 2015 at 9:16pm:

Dnarever wrote on Jan 12^th, 2015 at 9:11pm:

Swagman wrote on Jan 12^th, 2015 at 7:16pm:

Quote:

Yes but isn't that a little too new for some people?. Sad

The 70yo pension age doesn't take effect for 20 years Crook.

OH that is OK then we don't care about people 50 or under ?

They have 17 years to save enough cabbage to cover the 3 year gap.

The majority of people live hand to mouth with barley enough to pay their bills, buy food and clothing. Saving is a luxury unaffordable to many.

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Waiting Longer For The Aged Pension Reply #238 - Jan 13^th, 2015 at 7:36pm Quote: Well said Sir Bobby, a gold star for you. Better make that a cardboard one.....we can't afford gold
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imcrookonit Ex Member	Re: Waiting Longer For The Aged Pension Reply #239 - Jan 13^th, 2015 at 7:40pm No, its solid gold for Sir Bobby.
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