delete Superannuation (PSS) Membership Inclusion Declaration No. 8
Legislative instrument expanding mandatory membership in the Public Superannuation Scheme (PSS), compelling additional categories of public servants to participate in the government-run retirement savings program.
Compulsory superannuation violates individual liberty and private property rights by forcing participation in a government scheme. It eliminates market competition that would otherwise drive innovation and better retirement outcomes through private sector alternatives. The regulation distorts labor markets by artificially enhancing public sector job attractiveness at taxpayer expense, while imposing administrative overhead and deadweight losses from bureaucratic management. The unseen cost is the erosion of personal responsibility and the misallocation of capital away from productive private investment.