PPRuNe Forums - View Single Post - Matthew's Report into OZ Defence Pensions Side-Lined
Old 7th Nov 2009, 00:13
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Old Fella
 
Join Date: Feb 2008
Location: Wingham NSW Australia
Age: 83
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Devil DFRDB inequities

As a recipient of a DFRDB "pension", a quaint name for a superannuation fund to which I contributed for 23 years, I just wonder at which shops, service stations etc those who determine the level of CPI adjustments to apply get their figures.

If anyone believes that there was no increase in the cost of living for the period used to make a determination at the latest adjustment point, when there was no increase, I would like to know what they live on. You can bet your socks that the bureaucrats making the decisions have a much better superannuation outcome than the defence force will ever have, and they only work week-days on fat salaries.
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