2019/20 pre-Budget submission

SCOA Australia has today sent an advance copy of our 2019/20 pre-Budget submission with a cover letter to the Prime Minister, Treasurer, Assistant Treasurer and Assistant Minister for Treasury and Finance, as well as the Leader of the Opposition, the Shadow Treasurer and Shadow Assistant Treasurer. The submission will be lodged electronically once the relevant … Read more

You need to take ACTION NOW!

ACPSRO (Australian Council of Public Sector Retiree Organisations) and other retiree organisations are often told by politicians that they have heard from the ex-military but they seldom hear from the rest of us – retired police, firemen, teachers, health care workers, public servants, local government staff, etc – who are trying to survive in retirement … Read more

Letter to Assistant Minister for Treasury and Finance Senator Zed Seselja regarding calculation of reversionary benefits

SCOA has today written to the Assistant Minister for Treasury and Finance, ACT Senator Zed Seselja regarding the calculation of the reversionary benefits in relation to the $1.6 million Transfer Balance Cap legislation which came into effect on 1 July 2017.  The government is aware of the unintended consequence of the legislation but has yet … Read more

2018 Annual General Meeting

SCOA Australia held its 2018 Annual General Meeting in Brisbane on 30 October 2018.  Thirty five members were in attendance. SCOA was represented by the President, Peter Illidge, Vice President, John Blount, and Committee Secretary, Anne Willenborg. The President addressed the meeting on recent developments including the reasons for the decision to close the organisation. … Read more

Letter from Prime Minister Scott Morrison regarding indexation and taxation of CSS and PSS pensions

SCOA Australia has received a letter from Prime Minister Scott Morrison in response to a a letter to the Prime Minister dated 27 August 2018 regarding the indexation and taxation of CSS and PSS pensions. The Prime Minister has responded saying, “….. the government therefore intends to maintain the current indexation arrangements for the pensions paid from … Read more

Letter to Treasurer Josh Frydenberg

SCOA Australia has written to Treasurer Josh Frydenberg regarding the issue of the calculation of the reversionary benefit in relation to the $1.6 million Transfer Balance Cap (TBC).  An anomaly in the legislation means that the  TBC is calculated on the full amount of the primary pension although the reversionary pension is typically only around … Read more

ACPSRO supports call to include the Commonwealth Superannuation Corporation in the Banking Royal Commission

The Australian Council of Public Sector Retiree Organisations (ACPSRO) today threw its support behind a call by the Defence Force Welfare Association (DFWA)’s call to have the Commonwealth Superannuation Corporation included in the Banking Royal Commission’s Terms of Reference. Go to ACPSRO’s page to read the DFWA’s arguments, their open letter to the Prime Minister … Read more

Federal budget summary

Following last week’s federal Budget, SCOA has provided a summary of the proposed measures that might affect some SCOA members. SCOA will provide more information about the measures and the relevant legislation as it comes to hand, both on the website and in SuperTime. CLICK HERE to read or download the budget summary. Canberra 15 May … Read more