Sent:	Monday, 29 January 2001 5:37 PM
To:	'super.sen@aph.gov.au'
Subject:	Senate Committee Submission

SELECT COMMITTEE ON SUPERANNUATION AND FINANCIAL SERVICES:

(contributor's submission)

As a long term member of the Commonwealth Superannuation Scheme I would ask
that the select committee give consideration to the current arrangement
regarding the indexing of CSS pensions.

Under the "CPI formula" the relativity to wages is being quickly undermined.

I believe that movement in "average weekly earnings" would be a more
equitable method of calculating annual changes in the pension.

I appreciate you considering this suggestion.

A C Stevenson
PO Box 321
STIRLING SA 5152