Oh, something has occurred to me. Those with defined benefit...

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    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.
    Last edited by picastoc: 17/04/19
 
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