australia's super debt drain, page-2

  1. ejd99
    1,512 Posts.
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    07/11/12
    11:32
    Post #: 10967006
    There is an easy solution.

    Legislate that all SGC contributions (currently 9% but increasing to 12%) can only be taken as an an income stream on retirement - all other contributions and earnings can be taken as either an income stream or lump sum.

    ie. if you put nothing extra into Super, you will only get the earnings as a lump sum on retirement.

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