"CPSA is concerned with ill-advised recommendations made by the Grattan Institute, calling for a further rise to the pension age", said CPSA Policy/Research Officer, Amelia Christie.

More than 90 per cent of people who go on a full rate Age Pension move off another Centrelink payment.

"People going on a part pension tend to have retired on superannuation way before they turn 65. The trick is to give people an incentive not to use their superannuation before they reach pension age.

"Increasing the Age Pension age disadvantages those who are least able to manage the change such as low income manual workers, people with low levels of superannuation, poor health or low employment prospects.

"A floating pension age, in which lower life expectancies and people’s capacity to continue working full time are taken into account is a more viable option. 

"In France, the pension age was recently reduced back to 60 for people who have spent 40 years or more in strenuous manual jobs recognising that they were disadvantaged by the age increase", said CPSA Research/Policy Officer, Amelia Christie.

CPSA represents pensioners of all ages, superannuants and low-income retirees. CPSA has 137 Branches and Affiliated Organisations, with a combined membership of 30,000 people.

Media Contact: Amelia Christie, Research/Policy Officer
Mobile: 0410 612 182