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Thread: No roll over

  1. #16
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    Quote Originally Posted by taff1954 View Post
    Plus the Non-Earners account, funded by the government from taxation sources.
    One large taxation source being PAYE from the working joe who is already paying ACC contributions...

  2. #17
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    3rd May 2005 - 11:51
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    Quote Originally Posted by dpex View Post

    Look at who don't pay a cent in direct ACC.

    1. Beneficiaries of all types.
    2. Children of all ages till they're employed.
    3. Super annuitants.
    4. Tourists.


    I know I know but they all get free hospital care too paid for by you and I. Technically tourists are supposed to pay but unless they activate their insurance cover it doesn't happen.

    Numbers 1, 2, and 3 also get cared for in other ways through social services and payments but once again you and I pay.

    ACC by comparison is a negligible cost. Really.

  3. #18
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    11th June 2006 - 15:52
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    Quote Originally Posted by dpex View Post
    Look at who don't pay a cent in direct ACC.

    1. Beneficiaries of all types.
    2. Children of all ages till they're employed.
    3. Super annuitants.
    4. Tourists.

    Of the above group, unless they register a vehicle or buy petrol, they contribute nothing by way of a targeted levy toward ACC.
    Of course, those groups don't get as much from ACC either.

    Consider the Superannuitant who registers his car. He pays exactly the same as the worker, or the General Manager of ACC.

    But the GM of ACC is now eligible for Earnings Related Compensation of 80% of his $750,000 per year annual salary.

    The Superannuitant is now eligible for no ERC.

    Its pretty clear that the ERC component of ACC should be funded entirely by income tax, which reflects the income being compensated.
    David must play fair with the other kids, even the idiots.

  4. #19
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    Quote Originally Posted by davereid View Post
    The Superannuitant is now eligible for no ERC.
    Of course. But his pension continues unabated at 100% (of fuck all).
    Do you realise how many holes there could be if people would just take the time to take the dirt out of them?

  5. #20
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    Quote Originally Posted by davereid View Post
    O

    But the GM of ACC is now eligible for Earnings Related Compensation of 80% of his $750,000 per year annual salary.
    Actually NO. The maximum annual salary compensation payable by ACC is $102,000.

    For self-employed under Cover-Plus (which is a guaranteed cover) the salary is $84,000.

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