Suchergebnisse

This paper reviews the current reforms to Australia's retirement income structure which now incorporates a means‐tested age pension, a compulsory retirement enefit system which is fully unded in the private sector and a voluntary savings scheme. This approach has been widely discussed in he international scene and some consider it to epresent an ideal structure. However, a number of fundamental problems remain and these are discussed.

Intro -- Praise for -- Also by David Blake Knox -- Title -- Copyright -- Dedication -- Table of Contents -- Abbreviations -- Introduction -- 1. The Body in the Glen -- 2. The Victim -- 3. An Army of Rapists -- 4. Fear and Loathing -- 5. The Miracle-Worker -- 6. The Apprentice -- 7. The Shape of Things to Come -- 8. The Storm Breaks -- 9. Yesterday's Man -- 10. The Honorary Consul -- 11. Neighbours with Guns -- 12. The Split -- 13. Legitimate Targets -- 14. No Half-Measures -- 15. The Wrong Thing -- 16. Dead Man Walking -- 17. Blood on the Streets -- 18. The English Campaign -- 19. Happy about Dying -- 20. Kidnappers Always Ring Twice -- 21. The Edge of the World -- 22. The Awful Reality -- 23. Fake News -- 24. Breakthrough -- 25. A Force Like No Other -- 26. We All Feel the Shame -- 27. How He Died -- 28. The Stuff of Martyrs -- 29. Asking to be Killed -- 30. Ballot Boxes and Armalites -- 31. The Price of Peace -- 32. The Prerogative of Mercy -- 33. Legacies -- 34. The Deep Dark Wood -- 35. Collateral Damage -- 36. It Ends Here -- Bibliography -- Acknowledgements.

AbstractThe development of a sound and sustainable retirement income system is currently an important social, political and economic issue around the world as many countries face a range of pressures including an ageing population, low national saving levels, maturing Social Security programs and changing employment patterns. As a result of these pressures, the World Bank has advocated a three‐pillar system which is broadly reflected in the current Australian arrangements. However, further reform is planned in Australia. The 1995–96 Federal Budget announced a proposal to introduce compulsory minimum employee contributions of 3 per cent of earnings, together with a matching income‐tested government contribution. The proposal for government contributions is analysed in this article and an alternative approach is proposed. The important related issues of the taxation of superannuation and the integration between superannuation and the government‐funded age pension are also reviewed. As a result, recommendations for change are made to encourage a stable long‐term structure that provides retirement incomes in a simple, affordable and fair manner.