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Public retirees causing deficit

By Kerces 15 February 2006 11

The ABC reports Ted Quinlan’s identified the source of all the ACT Budget’s problems.

ACT Treasurer Ted Quinlan says public servants taking early retirement have contributed to the parlous state of the territory’s Budget.

Mr Quinlan predicts the Budget will return to surplus in coming years but concedes superannuation will be a growing impost.

So all you public servants out there reading this, on behalf of the Treasurer and whoever takes over his job I beg you please do not take early retirement. Just keeping working until you drop dead at your desk, ok? Otherwise your payouts and superannuation are going to bankrupt our beloved city and then where will we all be?

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11 Responses to
Public retirees causing deficit
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RandomGit 10:54 am 16 Feb 06

If super is made free choice again, I’ll still expect to get the same total renumeration a year as I do now without having to so much as batter an eyelid.

caf 10:30 am 16 Feb 06

The federal public service super isn’t funded either.

Go work for the Queensland gov though – theirs is, that’s what the Queensland Investmant Corporation that owns half of Civic is all about.

Thumper 9:40 am 16 Feb 06

How rude of those ACT public servants. Retiring and getting their hard earned money. What is the world coming to?

Next they’ll be asking the workers to pay so they can retire.

As usual this smacks of financial incompetence by the incumbents.

I’m glad I’m with the feds….

johnboy 9:28 am 16 Feb 06

the money comes from somewhere. when the boss is doing the budget you’re the sum of all your costs, not just the ones you get in your pocket.

Kerces 8:43 am 16 Feb 06

RG, if your super is coming out of your pay then you need to talk to your employer quick smart. Superannuation is supposed to be an EXTRA 9 per cent, not an excuse to pay you less.

RandomGit 8:38 am 16 Feb 06

Cause god forbid anyone take back that portion of their EARNED pay that they are forced to set aside for super.

nyssa76 6:02 pm 15 Feb 06

Mr_Shab, no, they just move them to the ACT Dept of Education (Admin).

You can be the most useless SOB and they won’t fire you.

bonfire 5:53 pm 15 Feb 06

the practices you are referring to are no longer the norm.

yakz 5:24 pm 15 Feb 06

the “he malingerers, the chronically underproductive, the morale liabilities and the just plain stupid” rarely take early retirement. The smart ones usually take the packages/pensions. The pensions offered are usually better (and safer) than what is on offer in the market place

Mr_Shab 4:20 pm 15 Feb 06

Well, branch heads need some mechanism for getting rid of the malingerers, the chronically underproductive, the morale liabilities and the just plain stupid; other than putting them on “special projects” or (God forbid!) firing them.

johnboy 3:16 pm 15 Feb 06

and yet they keep offering the early retirements?


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