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APSL calls for immediate increases for all pensioners
By natasha | January 30, 1999
It has been many years since there has been a full review undertaken of the Australian Pension System and as a result of that failure it has become apparent that the Australian Pension System, in terms of its base rate and the marginal tax rate that applies to all pensions has become totally inadequate for pensioners to maintain an adequate community lifestyle.
The Australian Pensioners’ and Superannuants’ League Qld Inc at the Pension Review have called for:
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- an immediate increase in the pension base rate from 25% of average weekly male earnings by 10% to 35% of average weekly male earnings
- an immediate adjustment of the single base pension rate to at least 70% of the combined couple pension rate. e.g. $328.65 per week/ $657.30 per fortnight (70% of couple on pension as at Sept 20, 2008) – That is an increase of $95.20 per fortnight/ $47.60 per week.
- a substantial increase in the maximum rental assistance currently being provided to pensioners
- a review of the marginal tax rate that both single and combined pensioners are confronted with, a single pensioner trying to exist on $273 per week and if they are fortunate enough to earn extra income, if that income exceeds $66 per week, then they are faced with a marginal tax rate of 40%, the same marginal tax rate also applies to pensioners on a combined income
- all lump sum bonus payments to apply to all pensioners, including those on a disability support pension
- legislation and regulation to protect pensioners who seek to take out a ‘Reverse Mortgage’
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The APSL will be forwarding a complete written submission to the Pension Review Committee.
For more information about the position of the APSL on Pensions and the Pension Review, please contact us on 07 3844 5878 .Army of the Dead film
Topics: Lobbying activities |
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