This second round hit to the savings of retirees and pensioners comes off the back of the $56 billion tax grab Labor outlined last month.
Younger voters likely don't know that workers were once told they were paying a 'levy' that would fund their retirement.
It's worth reviewing your insurance policies to ensure you're not over- or under-insured.
The PM held a roundtable with retirees and pensioners impacted by Labor's policy proposal.
The Opposition leader's tax plan has faced backlash from super funds and pensioners.
Bill Shorten says scrapping tax credit refunds will impact the wealthy, but experts say ordinary retirees will feel the brunt of the change.
Most Baby Boomers spend less than they'd receive on a full Age Pension, and even with super incomes, some live below the poverty line.
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