Age Pension means test allowance increase July 2018 By Christine Hopper Age Pension means test allowance increase July 2018 The Pension Allowances are the starting points for the Income Test and Assets Test that can reduce the amount of DSP or Age Pension actually payable. Pension Allowance amounts increased slightly on 1 July 2018. This Read more about Age Pension means test allowance increase July 2018[…]
Confirming identity at Centrelink by Christine Hopper Confirming identity at Centrelink Without any fanfare Centrelink have tightened their process for confirming the identity of customers. Who is subject to the new ‘confirming identity‘ process? The new confirming identity at Centrelink process is applied to new Centrelink customers. Also and any existing Centrelink customers who change Read more about Confirming identity at Centrelink[…]
January 2017 Pension Asset Test changes by Christine Hopper The January 2017 Pension Asset Test changes include new higher Asset Test Allowances and a higher taper rate. As a result of the January 2017 Pension Asset Test changes some Pensioners could get a higher Pension payment. But some Pension payment rates will be reduced following Read more about January 2017 Pension Asset Test changes[…]
Commonwealth Seniors Health Card Income Test by Christine Hopper The Commonwealth Seniors Health Card is available to Australians who have attained Age Pension Age and satisfy the Commonwealth Seniors Health Card Income Test. There is no Assets test for the Commonwealth Seniors Health Card only an Income Test. Commonwealth Seniors Health Card Income Test The Commonwealth Read more about Commonwealth Seniors Health Card Income Test[…]
Allocated pensions Centrelink account based income streams by Christine Hopper Allocated pensions also known as Centrelink account based income streams Allocated pension accounts allow retirees to retain the advantages of a superannuation fund account whilst drawing out a personal pension. Allocated pension accounts are also known as allocated annuities and Centrelink account based income streams. Read more about Allocated pensions Centrelink account based income streams[…]
Centrelink Benefits for Seniors Absent from Australia by Christine Hopper Centrelink administers the Social Security benefit arrangements for Australian residents in constrained financial circumstances. Centrelink benefits continue for seniors absent from Australia temporarily but with some exceptions. Therefore you need to check your Centrelink entitlements as part of your travel plans. If you are moving Read more about Centrelink Benefits for Seniors Absent from Australia[…]
If I retire now could I get any Centrelink early retirement benefits? by Christine Hopper Your eligibility for Centrelink early retirement benefits depends on your age, your personal circumstances and your financial resources and other assets. Remember Centrelink administers the Social Security Act which is about providing support to long term Australian residents in constrained Read more about Centrelink early retirement benefits[…]
Commonwealth Seniors Health Care Card Income Test by Christine Hopper Commonwealth Seniors Health Care Card is available to Australian residents who have attained Age Pension Age but do not qualify for an Age Pension. Commonwealth Seniors Health Care Card Benefits The Commonwealth Seniors Health Care Card provides the same Medicare and PBS pharmacy concessions as Read more about Commonwealth Seniors Health Care Card Income Test[…]