Pensioner numbers levelling out
THE number of pensioners on the Tweed may have peaked.
According to senior Tweed Shire Council staff, the numbers of people entitled to the pensioner rates rebate is expected to remain fairly steady after rising during the 1990s.
Although new retirees are moving to the area, others are dying and some of the new ones are self-funded retirees, not on pensions
Council’s corporate services director Troy Green said the trend was reflected in a number of other council areas, but the Tweed had started with a traditionally higher number of pensioners.
“The growth steadily rose during the ’90s, however as with an ageing population the number of valid pensioners now is steady. As new pensioners come on others pass on,” Mr Green said.
“Also many retirees are now self-funded and do not qualify for a rebate, so the trend would most likely continue for the foreseeable future based on ageing population.”
Council figures show 8280 pensioners in the Tweed are expected to claim the rates rebate next financial year.