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

Welcome news on age pension age

SCOA Australia has welcomed the announcement today by Prime Minister Scott Morrison to drop the policy to increase the age pension age to 70 as announced in the ill-fated 2014 Budget. The Acting President, John Blount, said that our members are already doing it tough; having to wait another three years to access the extra … Read more

Letter to Prime Minister Scott Morrison

SCOA Australia has today written to Prime Minister Scott Morrison to congratulate him on his appointment as Prime Minister of Australia and to raise the issues of indexation and taxation of CSS and PSS pensions with the new Prime Minister. Click here to read the letter to Prime Minister Scott Morrison

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