Indy,

For you its all about self justification, as you collect your aged welfare. You say; "income equivalent close to the standard wage", I assume you are referring to the minimum wage, which presently is about to increase to $1896 per fortnight, compared to the single pension at $1149 per fortnight which is $747 lower than the minimum wage. Allowing for the generous fringe benefit concessions pensioners receive, aged welfare is reasonably high in Australia. You go on to say; "A pension must not be welfare", well it is welfare, as it is a direct payment from taxation and borrowings, you can't get more "welfare" than that. "it must be contributed to by everyone for everyone" total socialism, something you claim to oppose, but not when the "la graisse" is directed YOUR way. You would be receiving far greater benefit over these many years, than anything you have likely contributed. "Salaries must be brought back to moral levels" what ever that means, you mean lower wagers for workers, and more unearned income for you. Your whole diatribe is based on self justification and benefiting YOU. Direct payments in the form of aged welfare is not sustainable long term, well not at the present very generous levels, whereas superannuation is. BTW compulsory superannuation payments are made from forgone wages, not some government handout like you are receiving.

As the population increases (Albo's migrants) there should be a greater ability to care for the previous generation.
Joke aside, why bother working in the first place if you're left to fend for yourself after bureaudroids have fleeced you of most of your savings ? Ah, I see, Paul1405 actually thinks that inflation will magically stop when it/her,them retires ! Perhaps it/her,them can tell us how people should prepare for increased taxes, inflation & general costs so people can ensure they have sufficient funds for their later years ? As I stated earlier, a Nation can not function without an old age pension because Superannuation will be even less affordable for the general workforce.
No, only the pension can be sustainable for all whilst Super is mainly for those in the Public Service & profitable private enterprise.

If Australia can support those who don't produce than it can also support those who did !

The whole show has a very simple solution, a Flat Tax, no negative gearing & put GST to 12% & an old age pension will be sustainable & satisfactory ! Anyone wanting Super can pay into one without say sacrifice & Govt contribution.
It's high time parasitism stops !

of course that should be 'salary' sacrifice.

Come to think of it, who is costing the taxpayer more; an old age pensioner on $40 grand/year who reverts their pension back into the economy or, an incompetent bureaucrat on $200 grand/year who spends his money on imported goods & overseas holidays ?