Sent:	Saturday, 3 February 2001 3:33 AM
To:	'Senate Select Committee'
Subject:	Superannuation

Dear Secretary,

Firstly I would like to voice my disappointment that the inquiry you are
holding has not been more widely advertised. 
I am sure that a great many public servants would have been interested in
putting their thoughts forward.
Since I only heard of this yesterday I have had no opportunity to
investigate anything in depth but I would like to make 
the following comments:

I find it very difficult to reconcile the fact that the superannuation
scheme for politicians has been changed to the 
AWOTE movement, whilst for pensioners with the CSS it is still based on the
CPI index.
Even ASSIRT and Macquarie Bank scheme indices are invariably higher then the
CPI index. 
What was the rationale behind the change from CPI index to AWOTE movement
for politicians and why did it not 
change for the great number of ex public servants.

As an example I enclose the following figures to make the point.

		CPI			AWOTE			
1997		1.3%			3.5%
1998		0%	CPI -0.2%	4.3%			
1999		1.1%	CPI  1.3%	3.2%
2000		2.8%			4.4%

Yours respectfully,

Kommer Springvloed
39 Minerva Way,
CARINE
WA - 6020

tel: 	08 9246 2271
fax:	08 9246 2326
web:	springv@bigpond.com