Coalition superannuation Bill stands up for older workers in Bradfield says Fletcher

“The Coalition’s Bill to require superannuation guarantee payments to be made for workers over 70 years of age is good news for older workers in Bradfield,’ Federal Member for Bradfield Paul Fletcher said today.

“Most Australian workers take it for granted that their employer pays their superannuation on their behalf into their nominated super fund – under the ‘superannuation guarantee charge.”

“But older workers are the victims of discrimination: under the law as it stands, employers are not required to pay the superannuation guarantee charge for workers over 70 years of age.

“Now the Coalition is taking action. We have introduced a Bill into the federal Parliament which would ensure that the guarantee applied to workers of all ages.

“This Bill honours an election commitment of the Coalition.

“It goes further than Labor’s approach – which would extend the guarantee for another five years, but continue to deny the superannuation guarantee to those over 75.

“With people living longer – and with the proportion of people of traditional working age declining – it is vital that we encourage older people to stay in the workforce.

“Measures like this help provide that encouragement.

The Coalition is determined to end this unfortunate discrimination against older workers.

“Here in Bradfield, over 9 per cent of residents are aged 70 or above – higher than the national average.

“So this Bill is particularly important for the people of Bradfield.“I call on the Labor Party, and the independents, to support this important legislation,” said Mr Fletcher.

Media Contact - Darren Bark 02 9465 3950