Hi Menta
I was referring to some grand dad schemes that were closed years ago. The CSS for example closed to new members in 1990.
The CSS and the old PSS are managed by the Commonwealth Superannuation Corporation but with member entitlements flagged in Federal Government budgets as an obligation or commitment. My understanding is that in practical terms these obligations are debts owed by the "Crown".
The same principles apply to the ancient military pensions.
cheers
- Forums
- Economics
- keynes is dead; this is the long run
Hi MentaI was referring to some grand dad schemes that were...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)