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Posted on 26 May 2010 11:38 am
Congratulations for supporting DFRB and DFRDB military superannuants. The undexation issue has been boiling for many years. Clearly Labour couldn't care less, despite their election promises in 07. At least now, the Coalition is getting behind the cause, although I am concerned that they are worried about finding the funds. The Defence Force Welfare Association has done their homework and concluded that year 1 costs will be $12(mill). That figure was derived by calculating the same formula as for aged pensions by the 63,000 DFRB and DFRDB military superannuants. Later schemes such as MSBS are not effected or included in the calculation. As most of the DFRB and DFRDB superannuants are now aged 60 to 80 years old, we are dying off fast, so this cost if granted will dusappear over the next two decades.$12(mill). THat's half of what Rudd has given to Taliban rehabilitation this year.
A military superannuant and Vietnam Veteran.
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