SECRET RETIREMENT INCOME REVIEW MUST BE RELEASED

JIM CHALMERS MP.
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1 week ago
SECRET RETIREMENT INCOME REVIEW MUST BE RELEASED
JIM CHALMERS MP
The Government must immediately release the Retirement Income Review that they received on Friday.
 
Scott Morrison and Josh Frydenberg created this Review as a stalking horse for more cuts to the pension and further delays to the legislated increase in the Superannuation Guarantee to 12 per cent.
 
Australian workers and retirees should not be kept in the dark on the Government’s secret plans to cut their retirement income.
 
The Government decision to extended their frauded robo-release early access super scheme was a vote of no confidence from the Government in their own ability to deal with soaring unemployment and the economic challenges ahead.
 
Scott Morrison’s lack of a plan for jobs and the recovery has forced millions of anxious Australians to raid their hard-earned retirement savings.
 
Now more than ever Australians need the legislated raise in the Super Guarantee to help rebuild their retirement balances.
 
The Liberals have tried time and time again to gut the incomes of retirees and pensioners by cutting the pension, trying to increase the pension age to 70, and delaying the long-overdue increase to the Superannuation Guarantee.
Attacks on the pension and superannuation are in the Liberals’ DNA.

No one deserves to be left behind in retirement, but too many Australians retire with insufficient retirement savings which is why our world class super system needs to be strengthened and protected, not undermined.