Superannuation
Sir,—The Government’s recent announcement of proposed changes to superannuation can be described only as callous, short-sighted and hypocritical. The proposals are callous because they change the rules without protecting the status of those schemes which have been implemented in good faith according to the legislation as it pertained at the time. They are short-sighted because, instead of seeking to discourage participation in superannuation schemes as these changes appear to do, the Government should surely be actively encouraging such participation. They are hypocritical in the extreme in light of the recent substantial increases in the M.P.s’ own superannuation scheme. It is interesting to note
that those changes were rushed through the House late at night with apparently no dissenting voice from either side of the House. So much for the promise of consultation, on which this Labour Government was originally elected. Goodbye political integrity. — Yours, etc., ROSS LINDSAY. January 27, 1988.
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Press, 1 February 1988, Page 18
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151Superannuation Press, 1 February 1988, Page 18
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