The retirement income system is complex, making it difficult for people to plan for later life.
What we're calling for
We’re calling for pension and superannuation rules to make financial planning simpler, to make it easier for older people to feel comfortable about their financial security in later life.
Giving older people greater financial security will improve their wellbeing, giving seniors the confidence to live their best lives.
We recommend employment income be exempt from the income test for pensioners with limited savings or assets. Allowing pensioners to work will boost their retirement incomes and meet crippling labour force shortages.
A universal pension would give everyone a basic pension. It would eliminate means testing, doing away with deeming and taper rates, which complicate retirement planning of millions of retirees.
National Seniors Australia is calling for an increase in the amount exempt from the Age Pension test that can be gifted to others to encourage older people to support younger people access education, health and housing.
National Seniors Australia campaigned to improve the Pension Loans Scheme (now called the Home Equity Access Scheme).
We were successful in lowering of the interest rate from 5.25% to 3.95%. A huge win for seniors who need a safe way to release their home equity to live a better retirement.
National Seniors is the leading not-for-profit organisation fighting for a fair go for older Australians.
We rely on people like you to donate so we can continue to tackle issues such as age discrimination, accessible housing, pension poverty, health costs, aged care, improve retirement income and provide more home care places so that older Australians can live safely and make ends meet.
National Seniors Australia members have access to a range of benefits and services – including discounts on Travel, Health and Life Insurance.
As a member, save with discounts, expand your social circle through our branches, receive a yearly subscription to Our Generation digital magazine, and access our Financial Information Consultant by phone.
For only $49.50, anyone can become a member and it only takes minutes to join.