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Taxpayers' Union Welcomes Rise in Retirement Age


Taxpayers' Union Welcomes Rise in Retirement Age


6 MARCH 2017
FOR IMMEDIATE RELEASE

Reacting to reports of the Prime Minister’s expected announcement this afternoon that the superannuation age of entitlement will raise to 67 within 20 years, Jordan Williams, the Executive Director of the Taxpayers’ Union says:

“This is good news for young people, who will ultimately bear the cost of the aging population, but the changes do not go far enough."

"We were looking for means testing, or some other measure which prevents young families earning ends meet from paying taxes so millionaires can enjoy pensions.”

“It's good that the Prime Minister is doing something, but this is ultimately a half measure to kick the can down the road.”

ENDS


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