The Forum > General Discussion > Is The Aged Pension Unsustainable Long Term
Is The Aged Pension Unsustainable Long Term
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i also agree with the retirement aged raised to 70 for those who are in a physically demanding job however, those working outside in physically demanding work should be able to retire at 65.
Superannuation should be a voluntary contribution, not Taxpayer funded. The Old Age pension contribution is still 7.5% or so I was led to believe but it is no longer indexed, most likely to cover the fact that it is still being deducted. A slight lowering of bureaucrat salaries would free up billions also particularly if they're made merit based. There's enough for all, just simplify the distribution also on merit. Politicians included !