24th March, 2014
One hundred and sixty two (162) veterans living in the Hunter electorate will benefit from the Federal government’s legislation to deliver Fair Indexation.
The legislation has been introduced into Parliament confirming the Coalition’s commitment to the veterans in Hunter and those around Australia.
Nationals Duty Senator for Hunter John Williams said in Opposition the Shadow Veterans Affairs Minister Senator Michael Ronaldson had travelled the length and breadth of the country signing pledges with local veterans groups.
“The Government promised to deliver Fair Indexation to Defence Forces Retirement Benefit (DFRB) and Defence Force Retirement and Death Benefit (DFRDB) scheme superannuants aged 55 and over from 1 July, 2014.
From that date DFRB and DFRDB superannuants aged 55 and over will have their benefits indexed in line with age and service pension. As promised, the Fair Indexation provisions will also extend to reversionary (widow) pensioners aged 55 and over.
Addressing Fair Indexation was an article of faith for the Abbott Opposition and will now be delivered by the Abbott Government.
This Government has long recognised the unique nature of military service and the sacrifices military personnel and their families make on behalf of all Australians. Australia’s veterans have waited long enough for this reform”, Senator Williams said