Simple independent superannuation information
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4 comments

  1. Alan Pevie

    Bless you Trish.

    Centrelink didn’t inform me of the PBS in the first place and now centrelink
    didn’t inform of the new arrangements in September 2009.

    I simply googled Pension Bonus Scheme and voila there you are.

  2. CFord

    Trish – thank you for you ‘down to earth’ explanation of so many of the Gov Tax decisions, etc. Re the Pensioner Bonus Scheme, quite frankly, there is now no incentive what so ever for me (a 57yo single woman) to continue working after the age of 65. If they had maintained the bonus, I would definitely have continued working – full time – and contributed (via paying tax). Not now. I have a friend who was lucky enough to sign up for it – he earns $150,000 plus per year, and has very little super. He is working till age 70 simply to stack as much in super as possible, and get the bonus. Me – on my meserly income of less the $55,000 per year? – the incentive to keep me working? – zilch, nil, zero, nothing.
    I don’t believe for one minute the government’s blindshot excuse that they canned it due to its complexities. Rubbish!! I work as a payroll officer doing over 2,000 pays a week, and alot of my time is taken up with answering queries from staff, or filling in forms, for staff (those who – when over 65- applied for the scheme). I often ask them -and not ONE SINGLE one of them has said they planned to stay working over 65. The bonus was the golden lure that kept them working.

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