I received a letter from the Commonwealth Superannuation Corporation(DFRDB) informing me I have a CPI increase of .01% for the six months Sep 11 to Mar 12. This gives me an increase of $1.12 per fortnight. I thought of taking my Bride out to dinner to celebrate but the Power bill that is forecast to increase by up to 7.6% % is due and the rates notice is around the corner with a 4.9% increase although the Mayor had promised to keep the increase below the 3.6% inflation rise.
What’s that – 3.6% inflation? How is that related to .01% CPI rise?
I note Pensioners get an increase of $6.70 (6 times my increase)for the same period based on the total pension that is about two thirds of my income.
Why is this so? The money I receive is literally a return on my paying superannuation to the government for 25 years. If I hadn’t paid super, and in retirement relied on the public purse, it appears I would be better off.
I’m not one for conspiracy theories but sometimes it is hard to rid myself of the thought that the current mob in power simply don’t like us old Diggers. Maybe my earlier career choice of killing communists has actually come back to bite me – I know several members in both the House of Reps and the Senate would wish that I just fade away.
But Fade Away doesn’t feature in the role of infantry so it ain’t going to happen.
I’m not the only one concerned about this apparent anomaly. The website Fair Go is dedicated to the ex serviceman’s fight against disinterested politicians.