Quote Originally Posted by pomtzu View Post
Wom - SS recipients here have not had a cost of living raise in 2 years. The powers that be decided that inflation wasn't all that bad , and we didn't need any raise.
Well that isn't fair. Payments should be adjusted in line with inflation and the cost of living every six months. It should be done automatically.
Our CPI rates are worked out quarterly, and pensions are adjusted automatically every 6 months.
Pension payment adjustments should not need the approval of some govt lackey every time the cost of living goes up...it has to be linked to index figures.
You will see from the following chart how these index figures change...

http://www.ato.gov.au/taxprofessiona...81&mfp=001/005