Maximum Pension

Maximum Pension

Pension capping needs to be adjusted to today's and tomorrow's standard of living. A person who is considered a middle class worker/professional retires to find that his/her income is now only one third of what he/she had. This ought to be revised seriously. Thank you

Points

Agreed !

One measure can be to remove income tax on pensioners for example from 75 yrs and over up to a certain income. This will help pensioners increasing their income by 15%.

Pension capping needs to be adjusted for today's and tomorrow's standard of living

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