Edit: I thought I should clarify that the landlady on qanda triggered me the most, because I know people (relatives of Mr P) who have money like that, but so much that they don’t actually need health care cards etc, but who were indignant that they weren’t entitled to a full pension because they had too many money! The sheer fucking bare faced entitlement was just breathtaking. I couldn’t resist trying to explain; don’t you see that because you are better off financially than counts on fingers a vast percentage of the population, that you don’t need the same assistance and support that someone who is, say, renting on a pension would need? Nope, “But why aren’t we getting that‽” And the best comment from these people? An incredulous “It’s like they think you should be spending that money!” I almost fell out of the chair, clutching my head at the comments and attitudes that hurt my brain!
What these type of people also happily overlook is just how much money they receive in the way of tax concessions on their Superannuation that allows them to be “self funded”. Decades of 15% tax on earnings (and a substantial proportion of contributions) and then no tax for the entirety of their retirement. Those tax benefits are worth more than the pension benefits, and if they want they can spend all that money on themselves and then get the pension as well once most of it is gone - and they get to have however much money they like locked away in their home which is barely counted for the pension assets test.
All three of your links triggered me!🤯
Edit: I thought I should clarify that the landlady on qanda triggered me the most, because I know people (relatives of Mr P) who have money like that, but so much that they don’t actually need health care cards etc, but who were indignant that they weren’t entitled to a full pension because they had too many money! The sheer fucking bare faced entitlement was just breathtaking. I couldn’t resist trying to explain; don’t you see that because you are better off financially than counts on fingers a vast percentage of the population, that you don’t need the same assistance and support that someone who is, say, renting on a pension would need? Nope, “But why aren’t we getting that‽” And the best comment from these people? An incredulous “It’s like they think you should be spending that money!” I almost fell out of the chair, clutching my head at the comments and attitudes that hurt my brain!
What these type of people also happily overlook is just how much money they receive in the way of tax concessions on their Superannuation that allows them to be “self funded”. Decades of 15% tax on earnings (and a substantial proportion of contributions) and then no tax for the entirety of their retirement. Those tax benefits are worth more than the pension benefits, and if they want they can spend all that money on themselves and then get the pension as well once most of it is gone - and they get to have however much money they like locked away in their home which is barely counted for the pension assets test.
And the weird double think. ‘We’re going to judge people who receive assistance as burdens but we want it too’