Raiding retirement accounts for budget repair

We elect politicians to act on our behalf, but do they really? Recently the Turnbull government in Australia enacted legislation that has serious affect to accumulation type superannuation funds in the name of budget repair, that is the retirement funds of the majority of Australians. That is a detrimental effect to the vast majority of retirement plans in Australia. But while the government was quick to raid the benefits of working Australians, the legislation didn't affect defined benefits type funds - the exact funds held by senior bureaucrats and politicians.

In the name of budget repair, we need to strip back the benefits offered by such funds as the country just can't afford such generous allowances. It is time to raid the very funds that were set up to protect these individuals from the market forces the rest of us are subjected to. They, the politicians and senior bureaucrats receive a pension for life that is not subjected to market fluctuations and global forces. We need to retrospectively scrap these funds instead allowing them access to their personal contributions only - just like the rest of us. It is time for this rorting to end and all people are treated equally.