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Pension Cuts For Australians Living Overseas

pension cuts

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#1 BlueDog

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Posted 16 February 2017 - 05:24 PM

CHANGES TO THE PENSION
Under reforms introduced by the Turnbull Government today Seniors living overseas would have their aged pensions cut off after six weeks, down from 26 weeks.

 

Source:News.com.au 




#2 Banjo

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Posted 19 April 2017 - 12:58 PM

This is untrue, the proposed legislation introduces changes to the Australian Working Life Residency rules which dictates the amount of pension received is based on the working life years spent in Australia as a percentage.

 

eg: Some one who worked 21 years in Australia would receive 21/35 (or 60%) of the pension after 6 weeks (down from 26 weeks) overseas.

 

Many thousands of Age pensioners currently permanently overseas would not be effected.







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