on 13-04-2014 12:07 PM
There is no way I will be. I am not planning to work beyond 55!
But it won't affect people like me will it? I have my own plans and they will be self funded.
So once again, it will be those less fortunate and less able to take care of themselves who will suffer.
on 13-04-2014 12:10 PM
on 13-04-2014 12:13 PM
even if they pass such a legislation it will be removed when the right wing loonies lose office. polling makes it a real possibility at the next election. let them fantasise.
on 13-04-2014 12:14 PM
Judges already have a retirement age of 70.
If we are going to get a retirement age of 70, I'm glad that a lot of the manufacturing jobs etc are being phased out. Working those kinds of jobs for that many years is just too much.
and the "less fortunate" (Martinis words) will now be allowed to work longer at a higher wage than the pension would earn them.
There is good in the proposal as well as negatives. Not time for chicken little to dance just yet
on 13-04-2014 12:15 PM
I retired before I reached 65 and I had paid into a super fund.
I am aware of a lot of older people who are working in jobs that entail a large amount of physical work and most of them will have great difficult in work until they are 70 or older.
on 13-04-2014 12:21 PM
@grandmoon wrote:I retired before I reached 65 and I had paid into a super fund.
I am aware of a lot of older people who are working in jobs that entail a large amount of physical work and most of them will have great difficult in work until they are 70 or older.
And that is exactly the point.
A well paid judge can very well work until he is 70. But he doesn't have to as he has most likely a very good financial package ready to expode money into his life whenever he CHOOSES to retire.
What about a labourer? What choice is there? Keep working even though you are half dead from a lifetime of hard work?
on 13-04-2014 12:22 PM
and what about the people who don't want forced retirement at 65?
The "less fortunate" having struggled on thier wage for umpteen years, possibly don't have a lot of backup to actually be able to do a whole lot in their retirement. What do they do? Mope around the house and trim the lawn edges with nail scissors?
Nah, it's not a good thing, I get that, especially for those in hard labour kinds of jobs, but hopefully as time passes and society changes those kinds of jobs will largely phase out and people will drift towards more long term sustainable employment.
on 13-04-2014 12:24 PM
@diamond-halo wrote:Judges already have a retirement age of 70.
If we are going to get a retirement age of 70, I'm glad that a lot of the manufacturing jobs etc are being phased out. Working those kinds of jobs for that many years is just too much.
and the "less fortunate" (Martinis words) will now be allowed to work longer at a higher wage than the pension would earn them.
There is good in the proposal as well as negatives. Not time for chicken little to dance just yet
i agree. this government will be out if they attempt such a thing . . i saw gerard henderson (ha) waffling on in regard to this topic, he looks well over 70 (quite like an old muppett). but talking codswallop is something you can do at any age,
on 13-04-2014 12:24 PM
My sister in law is is 63yrs, she applies for heaps of jobs, but no one will put her on because they say she is to OLD.
on 13-04-2014 12:25 PM
I've seen many elderly judges snoozing, waking up just in time to give
their verdict! Any wonder they can 'work' til they're 70!