Retirees confront 'unfair' proposed pension changes
PROPOSED changes to age pension assessments are illogical, unfair and sound more like electioneering than carefully considered retirement policy.
This comment was made recently by Robert Grover, Gold Coast president of Australians In Retirement (AIR).
The Federal Government announced in the May budget that pension assessment rules will be changed on January 1, 2017 and there will not be any grandfathering provisions for existing pensioners. This proposed change is likely to affect more than 300,000 pensioners with many current pensioners completely losing their pension entitlement from that date.
Australians In Retirement has been lobbying the federal government nationally to point out the inequities in this decision.
At the local level, Gold Coast MP Steve Ciobo has agreed to meet with AIR members to provide them with an opportunity to discuss their concerns about the proposed changes. Mr Grover will also present a case study which clearly identifies that the proposed changes are irrational and in fact provide a negative outcome for both retirees and the Federal Government.
"This is a crazy lose-lose situation which is ill-conceived and of no benefit to anyone." Mr Grover said.
"We hope to convince Mr Ciobo of the irrationality of this policy so that he can take it back to cabinet for reconsideration. Accordingly we have opened our meeting to member of National Seniors and the public generally."
The meeting will be held at 9.30am at the Broadbeach Seniors' Centre, 23 T E Peters Drive, (cnr Havana Keys), Broadbeach on Thursday, July 9.
All Gold Coast retirees are welcome to attend however due to space limitations seating can only be guaranteed to members of the public who register their attendance by contacting Rob Grover at email@example.com.
Australians in Retirement is the business name for The Association of Independent Retirees, the peak body representing the interests of retirees who are self -funded or in receipt of a part pension.