Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Social Services Legislation Amendment (Fair and Sustainable Pensions) Bill 2015

Bill home page  


Download WordDownload Word


Download PDFDownload PDF

2013-2014-2015

 

 

 

 

THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA

 

 

 

 

HOUSE OF REPRESENTATIVES

 

 

 

 

 

 

 

 

SOCIAL SERVICES LEGISLATION AMENDMENT

(FAIR AND SUSTAINABLE PENSIONS) 2015

 

 

 

 

SUPPLEMENTARY EXPLANATORY MEMORANDUM

 

 

 

 

 

Amendments to be moved on behalf of the Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Circulated by the authority of the

Minister for Social Services, the Hon Scott Morrison MP)



SOCIAL SERVICES LEGISLATION AMENDMENT

(FAIR AND SUSTAINABLE PENSIONS) 2015

 

Amendments to be moved on behalf of the Government

 

OUTLINE

 

These Government amendments remove from the Bill the following Schedules:

 

·          Schedule 1 - Defined benefit income streams;

·          Schedule 2 - Proportional payment of pensions outside Australia;

·          Schedule 4 - Energy supplement replacing seniors supplement;

·          Schedule 5 - Pensioner education supplement; and

  • Schedule 6 - Education entry payment.

 

The Schedules are being removed for the purpose of this Bill and the 2015 Budget measures will be reintroduced in separate Bill in due course. 

 

The measure currently provided by Schedule 3 - Assets test and concession cards - will proceed.

 

Financial impact statement

 

The savings from the removed measures will not be realised in this Bill.