february memories / 28


28th February, 1906 : The Commonwealth Old Age Pension Commission has recommended a federal pension of 10/- a week to all reputable people aged 65 and over, which it estimates would cost £1,500,000 a year. The commission report, which was released today, says this should be paid out of the consolidated revenue, and urges that the necessary legislation be introduced quickly. The pension should be granted as a right, and not as charity”, the report says. It also criticises the cost of the states’ pension administrations, particularly in New South Wales.

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