Since Saturday, Australians have been required to wait until the age of 67 until they can get the age pension. It has happened with little protest — a stark contrast to the demonstrations and riots that have rocked France, writes Peter Whiteford.
The age to get the Aged Pension is not the same thing as the retirement age. Our pension works as more of a safety net and top-up to Super, in France it is paid from the salary and expected to be the main income. We can access our Super from 60, and as the amount of time it has been compulsory (and the amount put in by employers) increases the age at which the pension is available becomes less relevant.
The age to get the Aged Pension is not the same thing as the retirement age. Our pension works as more of a safety net and top-up to Super, in France it is paid from the salary and expected to be the main income. We can access our Super from 60, and as the amount of time it has been compulsory (and the amount put in by employers) increases the age at which the pension is available becomes less relevant.