Tom Elliott fumes over superannuation ‘mess’ impacting Victorians
An angry Tom Elliott says a state-supervised superannuation “mess” needs to be fixed and immediately.
He’s also called for more accountability from Victorian treasurer Tim Pallas, given his department supervises the fund.
3AW Drive has been contacted by numerous people who’ve been impacted by issues with receiving payments from ESSSuper.
Travis told 3AW Drive his father-in-law died late last year and his mother-in-law was still yet to receive any of his superannuation, even though she is supposed to receive 70 per cent of it for the rest of her life.
“So she’s spent five months having to live off savings,” Tom said.
Press PLAY below to hear Tom Elliott’s scathing editorial
In another example, Susan said her husband was a paramedic for more than 37 years and had received no income since December and they were living off a credit card as a result.
Paul, a retired police officer, said he put his superannuation into the ESSS accumulation fund and can’t find out what’s happened to his money.
Karen, a retired teacher, has been with ESSS for 36 years and can’t get anywhere with her inquiries.
“It is a mess,” Tom Elliott said.
“These are ordinary people, people who in many cases might have put their lives on the line as members as emergency services in Victoria and they can’t get access to their money.”
A change in computer systems has been blamed for causing issues.
Tom Elliott put several questions to David Daley, the acting CEO of ESSSuper, on Wednesday.
Press PLAY below to hear Mr Daley speak with Tom Elliott