Commonwealth of Australia Explanatory Memoranda

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VETERANS' AFFAIRS AND OTHER LEGISLATION AMENDMENT (PENSION REFORM) BILL 2009

                                  2008-2009



               THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA



                                   SENATE




   VETERANS' AFFAIRS AND OTHER LEGISLATION AMENDMENT (PENSION REFORM) BILL
                                    2009




                  CORRECTION TO THE EXPLANATORY MEMORANDUM





PAGE 98 - SCHEDULE 11 - ADVANCE PAYMENTS

Last sentence - after the last sentence add: "This commencement date
provides pensioners and the Department with a period of time to adjust to
the significant reforms to the payment arrangements for pensioners
occurring on 20 September 2009.  Two measures will be implemented on 1 July
2010: the changes to advance payments and the option to receive the minimum
Pension Supplement on a quarterly basis instead of receiving the whole
amount fortnightly.  Implementing these two measures at the same time will
give pensioners greater choice and more flexibility to plan and budget
effectively."







     (Circulated by the authority of the Minister for Veterans' Affairs,
                      the Honourable Alan Griffin, MP)