Superannuation

Press, 28 August 1986, Page 20

Superannuation

Sir,—Our young politicians are creating an impression that we elderly people are living on the earnings of younger people. This is completely false. We have been heavily taxed for 50 years to provide funds for our old age. In addition, the money due to us is taxed again; in other words, a double tax. Many will remember the five-shilling dole introduced in 1930. When the Social Security Act was introduced in 1938 we were informed we would have free hospital beds. An interview with a doctor cost 10 shillings; the Health Department refunded seven shillings and sixpence. The only person sure of prompt transport to a public hospital today is the drunken driver or the victim of a knife attack in a drunken brawl — and I understand they receive compensation.—Yours, etc.,

J. L. MILBURN. August 26, 1986.

Sir,—The petitioning of any sector of the community to exercise its votes other than in the best interests of the nation is offensive. Enticing superannuitants to vote for the party offering the most generous superannuation scheme without regard to issues of social equity is of particular concern. Over onethird of those eligible to vote have a personal financial interest in superannuation. It is not “fair” to pay full superannuation to those able to support themselves. We all know our nation is in debt and the economy is crippled by excessive taxation. Has the generation that defended our country’s interests in two world wars lost its willingness to look past its own pockets? There is a moral war being fought in this country and its outcome may ignge

strongly on the next General Election.—Yours, etc., D. J. MEREDITH. August 27, 1986.