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PENSION INDEXATION |
The Cost to Superannuants |
As an example, if your commencing pension is $20,000, after 20 years of having your pension indexed by the CPI, your pension will be around $7,000 per annum lower than it would have been, if it had been indexed in the same way as the Age Pension is indexed. That is a cumulative loss of almost $70,000 over 20 years!
The higher your starting pension, the more you have to lose.
The graph below clearly demonstrates how Commonwealth superannuants are losing out. |
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| *click graph to enlarge |
| To download printable version, please visit “The Facts at a Glance” |
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