Status: Closed — this petition is no longer accepting signatures.
Final supporters
Treasurer, Curtis Pitt proposes to introduce the changes outlines in the Revenue and Other Legislation Amendment Bill 2016 (the Bill). If approved, the Bill will:
- allow the Treasurer discretion to reduce an individual's defined benefit multiplier. This is in cases where a persons superannuable salaly has been changed due to the inclusion of allowances that were not previously superannuable;
- provide members a choice of fund, excluding those on defined benefit; and
- amend the QSuper Act to open their membership to the general public (open fund).
The ASMOFQ Executive has reviewed the proposed Bill and will be engaging with the Treasurer to advise we will not accept any changes that will negatively impact on members’ superannuation entitlements. The Executive will also raising concerns about the delegated power the Bill gives to make such changes may be utilised to members detriment in other future circumstances.
The proposed Bill is yet to be debated in parliament. In light of this, ASMOFQ is urging all Queensland Residents who disagree with the proposed changes to signing this petition by Friday 9 September 2016.
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Updates
September 2, 2016
Seeing this kind of movement really catches me off guard because I honestly thought it would just be a quiet grumble in the background. It feels like people are finally noticing how these power grabs actually threaten our future and I am energized to keep pushing back against the Treasurer.
12 Comments
I do not agree that a minister can change superannuation benefits retrospectively. I cannot support this legislation.
Members contributons and contributions made in their name by the employer should be repaid in full at the time of a claim. Allowing the government to 'trim' entitlements would be a form of taxation or a reclaim of some part of the employer contribution to fund future government programs.
I do not agree with these porposed changes
i agree with ASMOFQ
remember we vote
I do not agree with the proposed changes.
I agree with the ASMOFQ
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Status: Closed — this petition is no longer accepting signatures.
Final supporters
Treasurer, Curtis Pitt proposes to introduce the changes outlines in the Revenue and Other Legislation Amendment Bill 2016 (the Bill). If approved, the Bill will:
- allow the Treasurer discretion to reduce an individual's defined benefit multiplier. This is in cases where a persons superannuable salaly has been changed due to the inclusion of allowances that were not previously superannuable;
- provide members a choice of fund, excluding those on defined benefit; and
- amend the QSuper Act to open their membership to the general public (open fund).
The ASMOFQ Executive has reviewed the proposed Bill and will be engaging with the Treasurer to advise we will not accept any changes that will negatively impact on members’ superannuation entitlements. The Executive will also raising concerns about the delegated power the Bill gives to make such changes may be utilised to members detriment in other future circumstances.
The proposed Bill is yet to be debated in parliament. In light of this, ASMOFQ is urging all Queensland Residents who disagree with the proposed changes to signing this petition by Friday 9 September 2016.
Updates
September 2, 2016
Seeing this kind of movement really catches me off guard because I honestly thought it would just be a quiet grumble in the background. It feels like people are finally noticing how these power grabs actually threaten our future and I am energized to keep pushing back against the Treasurer.
12 Comments
I am concerned that the proposed changes are I sufficiently draft to not adversely impact on supernantuation entitlements in the future
I do not agree that a minister can change superannuation benefits retrospectively. I cannot support this legislation.
Members contributons and contributions made in their name by the employer should be repaid in full at the time of a claim. Allowing the government to 'trim' entitlements would be a form of taxation or a reclaim of some part of the employer contribution to fund future government programs.
I do not agree with these porposed changes
i agree with ASMOFQ
remember we vote
I do not agree with the proposed changes.
I agree with the ASMOFQ
Share Petition
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I am concerned that the proposed changes are I sufficiently draft to not adversely impact on supernantuation entitlements in the future