Politicians Retirement Funds & Perks Unsustainable

[fourandsixpants]

If a pension isn't an entitlement, neither is theirs. They keep telling us that paying us an aged pension isn't
sustainable.
Paying politicians all the perks they get is even less sustainable!
The politicians themselves, in Canberra, brought it up, that the Age of Entitlements is over.

Proposals to make politicians shoulder their share of the weight now
that the Age of Entitlement is over

1. Scrap political pensions. Politicians can purchase their own retirement plan, just as most other working Australians are expected to do.

2. Retired politicians (past, present & future) participate in Centrelink.A Politician collects a substantial salary while in office but should receive no salary when they're out of office.
Terminated politicians under 70 can go get a job or apply for Centrelink unemployment benefits like ordinary Australians.
Terminated politicians under 70 can negotiate with Centrelink like the rest of the Australian people.
3. Funds already allocated to the Politicians' retirement fund be returned immediately to Consolidated Revenue.
This money is to be used to pay down debt they created which they expect us and our grandchildren to repay for them.
4. Politicians will no longer vote themselves a pay raise. Politicians pay will rise by the lower of, either the CPI or 3%.
5. Politicians lose their privileged health care system and participate in the same health care system as ordinary Australian people.
i.e. Politicians either pay for private cover from their own funds or accept ordinary Medicare.
6. Politicians must equally abide by all laws they impose on the Australian people.
7. All contracts with past and present Politicians men/women are void effective IMMEDIATELY.
The Australian people did not agree to provide perks to Politicians, that burden was thrust upon them.
Politicians devised all these contracts to benefit themselves.
Serving in Parliament is an honour not a career.
The Founding Fathers envisioned citizen legislators, so our
politicians should serve their term(s), then go home and back to work.


THIS IS HOW YOU FIX Parliament and help bring fairness back into this country!

FYI: The TOTAL ANNUAL SALARIES (for 150 seats) = $41,694,311 - PER YEAR!
And that’s just the Federal Politicians

Should an elected PM serve 4 years and then decide to retire, each year (of the 4 years) will have cost taxpayers an EXTRA Two and a half million dollars a year! A$2,536,690 to be precise.

A 2 year retirement payment cut-off will SAVE our Oz bottom line A$792,201,909  

*** NEARLY $800 MILLION.

Push for a MAXIMUM 2 year post retirement payment give them time to get a real job.

[debra9275]

they should be tigtening their belts like they tell us to

[fourandsixpants · Accepted solution]

Instead of giving a politician the keys to the city, it might be better to change the locks

[fourandsixpants]

ref. Just for Federal Politicians........

For the ‘lifetime’ payment example (below)  use the scenario that:

1..   They are paid ‘lifetime’ salaries the same as their last working year and

2..   After retiring, the average pollie’s life expectancy is an additional 20 years (which is not unreasonable).

It’s worth remembering that this is EXCLUDING all their other perks! SO, for a 20 years ‘lifetime’ payment (excluding wages paid while a Parliamentarian):

Prime Minister                    @ $507,338  = A$10,146,760

Deputy Prime Minister    @ $400,016  = A$8,000,320

Treasurer                            @ $365,868  = A$7,317,360

Leader of the Opposition  @ $360,990  = A$7,219,800

House of Reps Speaker     @ $341,477  = A$6,829,540

Leader of the House          @ $341,477  = A$6,829,540

Minister in Cabinet             @ $336,599  = A$6,731,980

Parliamentary secretary  @ $243,912  = A$4,782,240

Other ministers**              @ $307,329  = A$6,146,580 x 71 = A$436,407,180

Shadow ministers**           @ $243,912  = A$4,878,240 x 71 = A$346,355,040

Conclusions:

TOTAL ‘life time’ (20 year) payments, (excluding wages paid while in parliament) = A$833,886,220 –OVER $833 MILLION

Imagine all the school and hospital upgrades and community services we could fund with this amount of money

[2106greencat]

You all know me, not a political bone in the body (and too stupid to understand most of it)

But did I see on the TV the other night, that the poli's had $18,000.00 annually that was spent on intelligence seminars or some such??

If I am wrong - apologies to all, if I am right - 2 things

1. What a waste of money

2. The small amount allocated (in relation to some other $$ allocations mentioned in the same story) sure does explain a few things!

[lind9650]

Now I wrote a long reaction of mine. eBay has stopped my message, telling me the message had an invalid HTML in it.

I have not copied one word from anywhere else, so what is eBays problem?

Erica 😞

[the_great_she_elephant]

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@lind9650 wrote:

Now I wrote a long reaction of mine. eBay has stopped my message, telling me the message had an invalid HTML in it.

I have not copied one word from anywhere else, so what is eBays problem?

Erica 😞

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It happens to me occasionally, Erica - I suspect it's a the result of a typo - you've inadvertently hit a non letter key somewhere along the line. Just hit 'post' again and it usually resolves itself - if not try preview and then post. 

[polksaladallie]

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@lind9650 wrote:

Now I wrote a long reaction of mine. eBay has stopped my message, telling me the message had an invalid HTML in it.

I have not copied one word from anywhere else, so what is eBays problem?

Erica 😞

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Just keep hitting POST.  It will eventually.

[***super_nova***]

Happens to me all the time, just go backto post a message and your message should be there archived, you will get a dialog box asking you if you want it retrieved 🙂 and as others said next time just keep hitting the post button.

[gleee58]

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@lind9650 wrote:

Now I wrote a long reaction of mine. eBay has stopped my message, telling me the message had an invalid HTML in it.

I have not copied one word from anywhere else, so what is eBays problem?

Erica 😞

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 I get that message sometimes too. I just hit post again and it posts the second time.  It is a mystery.