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Friday, 27 November 1959


Mr L R JOHNSON (HUGHES, NEW SOUTH WALES) - Does the Minister for Social Services agree that considerable confusion exists among pensioners and intending pensioners in respect of the manner in which annuity arrangements can be invoked to facilitate a higher rate of pension than would ordinarily be due? Is it the hope of the Government that an appreciation of these arrangements will rem:in obscure so that social services expenditure will not substantially increase? Will the Minister consider the need to prepare an information sheet on this subject, setting out age schedules and compatible annuity rates, as well as a synopsis of benefits to be gained? Will he also consider the advisability of circulating draft annuity agreements, and provide in the principal offices of the Department of Social Services an annuity advisory service for the benefit of pensioners? Will he also consider the preparation of a comprehensive statement on this subject for the benefit of honorable members?







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