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why not have your pension indexed to how much tax you paid...

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jetrodder

5,928 Posts.

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30/06/23

16:43

Post #: 68559412
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Originally posted by craig57: ↑

Everyone should be able to receive the Aged Pension over 67 .
The amount paid by the Government would be repaid by the person's Estate .
The assets should include the family home (If there are 2 people in the home
the amount would not be repaid until the death of both).
People would not be able to transfer Assets after the aged of 60 and lower their Assets.
If the Estate has less than $25,000 the Estate would not have to repaid the Government debt.
This would help Government finance and be fair for all over 67.
People can decide if they want the Aged Pension or not.

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why not have your pension indexed to how much tax you paid during your working life. paid little tax... receive little pension..... paid a lot of tax... get larger pension. how's that for an incentive to work! Jet
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