can they rely on state funds pension or they have to manage our own pension funds scheme (Great Britain, 2012). According to The Australian Financial Review (2015), age pension in Australia costs $42 billion a year, this number is equal to 10 per cent of all government expenditure. It is growing much faster than the economy and taking an increasing share of government spending. Some people might think that government should not spend all of those money, which is earn from working population, into state…
Words 2097 - Pages 9