Post by Banker on Jun 2, 2012 16:16:18 GMT 7
Income test for pensions
An income test is used to work out your payment rate. An assets test is also used and out of these, the one that results in the lowest payment rate will apply.
Note: You are exempt from this income test if you are permanently blind and you get Age Pension or Disability Support Pension.
This income test is effective from 20 March 2012 and applies to the following payments and family situations:
More Here: www.humanservices.gov.au/customer/enablers/income-test-pensions
An income test is used to work out your payment rate. An assets test is also used and out of these, the one that results in the lowest payment rate will apply.
Note: You are exempt from this income test if you are permanently blind and you get Age Pension or Disability Support Pension.
This income test is effective from 20 March 2012 and applies to the following payments and family situations:
More Here: www.humanservices.gov.au/customer/enablers/income-test-pensions
