Australia. Fresh calls for universal pension after talk of new ‘death tax’
After some talk about drawing money from deceased super estates, one seniors’ advocate is recommending a universal pension.
Ian Henschke, chief advocate for National Seniors Australia, has renewed calls for a universal pension scheme that isn’t means tested.
“Review after review complains about older people failing to spend down their capital; they don’t blame the system, they blame the retiree. And then they wonder why no one’s listening,” he told Savings.com.au.
“By setting income and asset limits which restrict you from first getting a pension, and second limiting your entitlement, it punishes you for having more.”
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