Sent:	Wednesday, 1 January 1997 1:16 AM
To:	super.sen@aph.gov.au
Subject:	Pension Review

Dear Sir,
 
In reference to the Senate Select Committee on Superanuation and Finance due to sit in March I would like to submit the following submission:
 
My details:
 
Gary Douglas Hodges
 
Service Number: 320529
 
Rank at Discharge: Warrant Officer Class One
 
Last Unit:    School of Signals, Watsonia, Vic
 
Enlistment date:    10 Aug 1977
 
Discharge date:    10 Aug 1997.
 
Recommendations:
 
1.    That pensions be linked to the current pension for that rank on retirement. ie each year at 1 July, a retired WO1s pension is linked to the current pension applicable to a WO1 retiring of that date.  This would keep the pensions for rank fair over the longest period of time.
 
2.     Link the pension to the average weekly wage increases rather than the CPI increase.
 
I favour recommendation 1 as it is the most fair way of keeping pensions in line with reality.
 
I hope these recommendations meet with your favour.
 
Kind Regards

Gary Hodges