If you are on Centrelink after working for 20yrs and you have shares equal to $200K, and you make 60K off those shares a year, then Soc Sec accepts a maximum of 6% total earnmings on that $200K fuigure and the rest is allowed to go undeclared. That is a legal rort supplied to the wealthier people. But if a pensioner earns 60K (unlikely) in payroll income, then they pay more.
Fair? This is why i give my money away as i can.
Obviously you haven't really taken a look at this have you...you just responded like a bigot would.
If it's so good, i wish you well on the Pension as i'm sure you're running off to see if you are eligible today.
L
PS: anyone can apply to Salv Army (etc) for Electricity rebates/cheques based on hardship, not only those on soc sec/pensioners. The disabled need financial attention.
