5,490 PENSIONERS ACROSS THE ILLAWARRA AND SOUTHERN HIGHLANDS FACE PENSION CUT ON NEW YEAR’S DAY

Stephen Jones, Member for Whitlam, and Sharon Bird, Member for Cunningham are concerned for almost 5,500 local pensioners who face significant cuts to their pension from New Year’s Day because of cuts made by the Turnbull Government and the Greens.

Around 3,990 pensioners across the Illawarra and Southern Highlands will see an average cut to their pension of about $130 a fortnight.

 

A further 1,500 local pensioners will lose their pension entirely, leaving them on average worse off by anywhere between $185 and $192 a fortnight.

 

Stephen Jones said Malcolm Turnbull start to the year is pretty lousy in the eyes of local pensioners.

 

“Pensioners and families already face huge financial pressures this holiday season and the last thing they need is a cut to their pension.

 

“Labor voted against this cut to pensioners in the Parliament and we will continue to fight for a fair go for pensioners,” said Jones.

 

Sharon Bird said cutting the pension shows just how out of touch Malcolm Turnbull and the Liberals really are.

 

“They are taking money off pensioners at Christmas while trying to give a $50 billion handout to big business and the banks,” said Bird.

 

Pensioners who are concerned about how the Government’s changes to the pension assets test will affect them are urged to contact Centrelink Financial Information Services on 132 300.