Superannuation
Sir,—ln 1971, I wrote to Norman Kirk, when the Labour Opposition was floating the idea of a hew pension scheme to replace the old age benefit and universal superannuation, pointing out that it would be better to update those existing schemes to make them equitable to all. Superannuation is too important to people for it to be messed about with each change of Government. Labour went ahead with Roger Douglas’s scheme, which no one really understood. It had no immediate benefit for anyone other than a source of income for the Government and it required the continuation of the existing schemes over a 40-year period. Superannuation has been a political football ever since, and a constant
worry to those in retirement, wondering what is going to happen next. — Yours, etc., E. L. BARCLAY. November 13, 1984.
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Press, 15 November 1984, Page 12
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137Superannuation Press, 15 November 1984, Page 12
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