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Old 25th Mar 2020, 13:27
  #63 (permalink)  
Paragraph377
 
Join Date: Oct 2013
Location: New Zealand
Age: 71
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Politicians super is protected

Originally Posted by SOPS
The ‘ boomers’ as you love to call us.. have just had millions knocked of their super. What makes you think we will
be in a position to retire early?
And whatyou are really going to hate hearing is that all Politicians superannuation is protected under legislation. That means, currently if a pilot has $2m in super, he has probably lost around 10%, or $200k. If a slimey Pollie has $2m in super he has lost.......$0. Plus he isn’t out of a job either. They naturally don’t like people knowing about this huge perk, but it’s true. So now you know why they really don’t give a **** if they crash the economy due to incompetence or deliberately. The Dealer never loses.


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