Shawny’s concerns about Victorian and Australian Governments

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #525 – Today at 08:59:48 am

Changing jockeys doesn't mean crap when the horse needs attention

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #526 – Today at 10:42:01 am

Quote from: Professer E – on Today at 08:59:48 am

Changing jockeys doesn't mean crap when the horse needs attention

The horse is mortadella

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #527 – Today at 10:44:37 am

Need someone to fact check - heard Jacinta will earn circa annually $300K TAX FREE for the rest of her life. WOW if true

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #528 – Today at 10:52:49 am

Quote from: shawny – on Today at 10:44:37 am

Need someone to fact check - heard Jacinta will earn circa annually $300K TAX FREE for the rest of her life. WOW if true

How would that happen ?

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #529 – Today at 11:03:02 am

Quote from: shawny – on Today at 10:44:37 am

Need someone to fact check - heard Jacinta will earn circa annually $300K TAX FREE for the rest of her life. WOW if true

Sigh, it looks like it has some truth to it:

The Premier of Victoria's post-role retirement benefits depend heavily on when they were first elected, with long-serving veteran leaders eligible for a lucrative legacy defined-benefit pension scheme, a taxpayer-funded salary exceeding $530,000 while in office, and potential post-office transition support.Legacy Defined-Benefit PensionsPre-2004 Rule: Ministers and members elected to the Victorian Parliament before the closure of the generous defined-benefit scheme in 2004 can receive lifetime taxpayer-funded annual pensions.Estimated Payouts: Former long-serving leaders like Daniel Andrews or former premier Jacinta Allan are estimated to qualify for annual lifetime payouts upwards of $240,000 to $300,000 per year, determined by the length of service and high-office portfolios held.Modern Standard: Newer members elected after 2004 do not access this legacy scheme and instead rely on standard accumulation superannuation arrangements.Salary and AllowancesCurrent Pay Rate: Following determinations by the Victorian Independent Remuneration Tribunal, the total salary and allowances package for the Victorian Premier sits above $530,000 per year, making it among the highest for any state leader in Australia.

https://www.news24.com.au/politics/australian-politics/former-premier-jacinta-allan-to-walk-away-from-politics-on-pension-worth-more-than-200000-per-year-when-she-retires/news-story/ddca585357690e5aa99b17a6072c026c

According to an estimate of Ms Allan’s pension scheme, based on roles and portfolios, she could retire on between $240,000 to $270,000 per year.

Re: Shawny’s concerns about Victorian and Australian Governments

Reply #530 – Today at 11:04:21 am

In fairness, its not like they can rejoin the rank and file after being state premier. What job could they conceivably do?