Summary Update
“Why is the Commonwealth Superannuation Corporation excluded from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry?
The Commonwealth Superannuation Corporation (CSC) administers military and other superannuation public service funds for over 700,000 people of which 230,000 are serving and former servicemen and women.
The Royal Commission’s Terms of Reference say: “All Australians have the right to be treated honestly and fairly in their dealings with…. superannuation…. providers.”
Why is their superannuation provider excluded from Royal Commission scrutiny?
Why deny the them an equal voice in making submissions to the Royal Commission?
The following representations have been made to PM and the Government since the announcement of the Royal Commission:
13 December 2017: Media Release – Calls to clarify the Terms of Reference of the Royal Commission into Banking and Superannuation.
18 January 2018: joint Media Release with RSL re Royal Commission into the Banking, Superannuation and Financial Services Industry.
7 June 2018 at the Longman Electorate Forum a younger veteran asked the PM the Why question. The PM answered “I don’t know but I;ll find out and get back to you”
15 June 2018 An Open Letter sent to the PM and all Federal Parliamentarians, the Defence Family network and national media outlets and social media.
More recently representations to the PM by both the Australian Public Services – Superannuated Commissioned Officers Association (SCOA) and the Australian Council of Public Sector Retiree Organisations (ACPSRO) have made the same requests for CSC’s inclusion in the Royal Commission
The ALP supports the inclusion of the CSC into the Royal Commission’s Terms of Reference
To date the Government and PM have not formally resonded to our representations
Actions
Veteran Clawback – CSC & The Banking Royal Commission
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CSC Campaign: Veteran Protest Rally – 28 June 2018
As part of our campaign to seek inclusion of the Commonwealth Superannuation Corporation (CSC) in the Royal Commission into the Banking, Superannuation and Finance Services Industry, a Dignified Veteran Protest Rally will be staged when the Royal Commission convenes in Brisbane on 28 June.
Our aim is to draw media and public attention to our cause and have the Veteran Voice be heard at the Royal Commission.
CSC Flyer
