The Superannuated Commonwealth Officers Association (Federal Council) Inc. has lodged its 2016-17 pre-Budget submission to the Department of Treasury.
The key messages that SCOA wishes to be reflected in the budget outcomes for 2016-17 are a government that has committed itself to:
- maintaining the purchasing power of retirement incomes to keep pace with increases in the real cost of living;
- indexation which retains the value of Commonwealth superannuation pensions;
- equitable tax treatment. No discrimination against people according to the source of their pension; and
- equity in assessing income. Those on similar incomes should be able to access the same benefits.