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Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Veterans’ Affairs and Other Legislation Amendment (Pension Reform) Bill 2009


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Veterans' Affairs

Summary

Amends the: Veterans' Entitlements Act 1986 to: increase the single maximum basic rate of veterans' affairs pensions from 20 September 2009; index veterans' affairs pensions using the Pensioner and Beneficiary Living Cost Index; index veterans' affairs pensions using a combined couple benchmark; increase veterans' affairs pensions to compensate for anticipated increases in the living cost index arising from the Carbon Pollution Reduction Scheme; increase the income test taper rate and remove the additional income test free area for dependent children; introduce a Work Bonus so that certain income is disregarded as ordinary income; close the pension bonus scheme from 20 September 2009; increase the pension age for persons other than veterans from 65 to 67 years; enable certain veterans' affairs pension recipients to apply for an advance of veterans' affairs entitlements; Veterans' Entitlements Act 1986, Military Rehabilitation and Compensation Act 2004, Income Tax Assessment Act 1997, Social Security Act 1991 and Social Security (Administration) Act 1999 to consolidate a number of smaller payments and allowances into one pension supplement; Veterans' Entitlements Act 1986 and Social Security Act 1991 to allow veterans' affairs pensioners to transition to the new arrangements; and Aged Care Act 1997 in relation to the calculation of total assessable income for residents in aged care.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 12/08/09  
Second reading moved 12/08/09  
Second reading debate 19/08/09  
Third reading agreed to 19/08/09  
     
Senate
Introduced and read a first time 19/08/09  
Second reading moved 19/08/09  
Second reading agreed to 07/09/09  
Third reading agreed to 07/09/09  
     
Text of bill as passed both Houses 07/09/09  
Assent 10/09/09 Act no.: 81 of 2009
     

Text of bill

  • First reading

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  • As passed by both Houses

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Explanatory memoranda

  • Explanatory memorandum

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  • Correction to explanatory memorandum

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Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes