Retiree says 70 a rough deal
HE has never shied away from hard work but Rudolf Kegel thinks working until the age of 70 is a rough deal.
The retired truck driver, who turns 72 this year, said the decision to increase the pension age above 65 was an indication politicians were out of touch.
"I think it shows just how removed they are from the real world," he said.
Fisherman and labourers who work in the wind and weather had their bodies battered by the time they were 65, he said.
"The age of 70 is too much."
Meanwhile Mackay employment law expert Cyndel Muscat said it wouldn't be just the older generation that would be affected by the decision.
"Older workers will naturally want to hold on to good jobs, so there'll be an inevitable decline in the job vacancies for young people," she said.
"Employers will be striving to achieve a balance in their workforce as an aged workforce will naturally bring with it a host of age-related issues, especially in physically demanding jobs.
"Another interesting impact will be on volunteers.
"There may be fewer volunteers in future sourced from the under 70 aged bracket because these people will still be chasing paid employment."
Mr Kegel worked behind the wheel of a truck for about 45 years.
He said he has worked hard to be a self-funded retiree and that he hadn't yet needed to take money off the government.
Mrs Muscat said employers had time to prepare for the changes, as they didn't come into effect until 2035.
"The changes will impact on everyone born after 1965.
It's going to be a major workplace issue for years to come," she said.
- Federal Treasurer Joe Hockey announced the decision to increase the age of the pension in May.
- No changes will come into effect for at least another 20 years.
- Workers will have to wait until they are 70 before they are eligible for the pension.