Commonwealth Numbered Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
SOCIAL SECURITY AND REPATRIATION LEGISLATION AMENDMENT ACT 1983 No. 36, 1983 - SECT 4
Rate of age or invalid pension
4. Section 28 of the Principal Act is amended by omitting sub-section (2AB)
and substituting the following sub-sections:
''(2AB) Notwithstanding sub-section (2) but subject to sub-section (2A), where
a claimant or pensioner-
(a) has attained the age of 70 years;
(b) is in receipt of, or is qualified to receive, an age pension; and
(c) is a person referred to in paragraph (1A) (a) or a person in relation
to whom a direction under sub-section (1AAA) is in force, the annual
rate at which that pension is determined shall not be less than-
(d) if the person is an unmarried person and has an annual rate of income
exceeding $10,400-$2,675.40 per annum reduced by one-half of the
amount per annum by which the annual rate of income of the person
exceeds $10,400;
(e) if the person is a married person and has an annual rate of income
exceeding $8,658-$2,675.40 per annum reduced by one-half of the amount
per annum by which the annual rate of income of the person exceeds
$8,658; or
(f) in any other case-$2,675.40 per annum.
''(2AC) Notwithstanding sub-section (2), where a claimant or pensioner-
(a) has attained the age of 70 years;
(b) is in receipt of, or is qualified to receive, an age pension; and
(c) is not a person referred to in paragraph (1A) (a) or a person in
relation to whom a direction under sub-section (1AAA) is in force, the
annual rate at which that pension is determined shall not be less
than-
(d) if the person has an annual rate of income exceeding $8,658-$2,230.80
per annum reduced by one-half of the amount per annum by which the
annual rate of income of the person exceeds $8,658; or
(e) in any other case-$2,230.80 per annum.''.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]