An Answer to a Question on Notice from ACT Senator Katy Gallagher in November 2016, regarding the ten percent cap on the amount of a defined benefit pension that can be excluded from the age pension income test, has been provided by the Department of Social Services.
SCOA believes the Answer leaves a lot to be desired and SCOA’s Federal President, Dr Annette Barbetti, has today written to Minister Christian Porter pointing out the deficiencies and unfairness of the legislation, requesting that the Government repeal the legislation as a matter of urgency.
You can read the letter here . Click here to read more about the “ten percent issue”.
16 February 2017