Oh, something has occurred to me. Those with defined benefit pensions are required to multiply their annual pension payments by a factor fo 16 and that is added to their superannuation balance. If the total goes over $1.6 million, then they do get caught.
That cap was put there by the Liberals. They are far smarter than the opposition although they don't have to be that smart to win that contest. Pleased about that cap. personally.
- Forums
- Political Debate
- PM attacks franking credits crackdown
PM attacks franking credits crackdown, page-26
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online