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Post by dave3478 on Jan 7, 2016 15:14:05 GMT 7
Thats even better Mike, Maybe just a little common sense would open there eyes to a stupid system blocking people in there 60s from having to clog the unemployment Cue . It would save them a fortune because thats what they are all about,cost cutting.
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Post by Deleted on Jan 9, 2016 16:57:14 GMT 7
Thats even better Mike, Maybe just a little common sense would open there eyes to a stupid system blocking people in there 60s from having to clog the unemployment Cue . It would save them a fortune because thats what they are all about,cost cutting. One can only hope mate
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Post by dave3478 on Feb 23, 2016 8:45:13 GMT 7
Good to see your Ok Banjo..
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Post by Banjo on Jul 8, 2016 17:40:51 GMT 7
Got sent this by email tonight, there's some funny rumours floating around out there. (A guy in Bali heard this from someone who "knows" about Age Pension portability).
He says you can do your 2 years while overseas,, as long as you go back to Oz once every 6 mths.. after you get the pension, you can go OS for 5 years..
Disappointment looming there.
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Post by Denis-NFA on Jul 9, 2016 20:45:03 GMT 7
I saw from a link that krystal provided into the Guide that if you are on DSP I/P, and overseas, when you turn pension age that they will just transfer you to OAP without having to do anything.
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Post by chris on Jul 10, 2016 1:02:58 GMT 7
That would be a risk in my opinion.
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Post by Banjo on Jul 10, 2016 7:02:56 GMT 7
I only know of one person here that it happened to and I seem to recall Centrelink corresponded with him prior to transferring.
I personally feel that someone on the Age Pension would almost certainly be grandfathered under the older legislation if the government started moving the goal posts again. I'm not saying that someone on the DSP would not but I know where I'd rather be.
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Post by Denis-NFA on Jul 10, 2016 8:20:38 GMT 7
I only know of one person here that it happened to and I seem to recall Centrelink corresponded with him prior to transferring. I personally feel that someone on the Age Pension would almost certainly be grandfathered under the older legislation if the government started moving the goal posts again. I'm not saying that someone on the DSP would not but I know where I'd rather be. Totally agree that OAP is the place to be Banjo and I have no idea what correspondence may occur at the time I become eligible for OAP. But I had never actually seen this before, AND AND
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Post by itsmylife08 on Jul 10, 2016 14:17:57 GMT 7
I only know of one person here that it happened to and I seem to recall Centrelink corresponded with him prior to transferring. I personally feel that someone on the Age Pension would almost certainly be grandfathered under the older legislation if the government started moving the goal posts again. I'm not saying that someone on the DSP would not but I know where I'd rather be. Totally agree that OAP is the place to be Banjo and I have no idea what correspondence may occur at the time I become eligible for OAP. But I had never actually seen this before, AND AND
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Post by Denis-NFA on Jul 10, 2016 15:27:34 GMT 7
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Post by itsmylife08 on Jul 10, 2016 19:15:11 GMT 7
If a person has AWLR of 420 months or more, the normal income and asset-tested rate can be paid overseas. RA, however, would still cease after 26 weeks (6 weeks only for TAL and maximum pension supplement) of a temporary absence, or on departure if the absence was permanent. The pension supplement basic amount (former GST supplement) can be paid overseas indefinitely.
The following income support recipients, with indefinite portability, are exempt from the proportional rate. These are: •terminally ill DSP recipients who are severely disabled, who qualified for DSP because they became unable to work or permanently blind whilst they were an Australia resident, and •permanently and severely impaired DSP recipients with no future work capacity who qualified for DSP because they became unable to work or permanently blind whilst they were an Australian resident, and •entitled WidB pensioners whose partner died while both members of the couple were Australian residents, and who were overseas immediately before 20 Sept 2000 and have not returned to Australia for more than 26 weeks, and •all pensioners granted before 2 July 1986 (proportional portability only came in on 1 July 1986), who were overseas immediately before 20 Sept 2000 and have not returned to Australia for more than 26 weeks. I'm sure That I come under bullet point 2
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Post by chris on Jul 11, 2016 1:55:41 GMT 7
See guys there are some risks attached.
A person overseas who transferred to the Age Pension, with less than 35 years AWLR, despite what they claim. Could still face a reduction after 26 weeks. And if already overseas, when does the 26 weeks start?
If it's me I go home to make the transfer.
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Post by Denis-NFA on Jul 11, 2016 2:27:49 GMT 7
If a person has AWLR of 420 months or more, the normal income and asset-tested rate can be paid overseas. RA, however, would still cease after 26 weeks (6 weeks only for TAL and maximum pension supplement) of a temporary absence, or on departure if the absence was permanent. The pension supplement basic amount (former GST supplement) can be paid overseas indefinitely. The following income support recipients, with indefinite portability, are exempt from the proportional rate. These are: •terminally ill DSP recipients who are severely disabled, who qualified for DSP because they became unable to work or permanently blind whilst they were an Australia resident, and •permanently and severely impaired DSP recipients with no future work capacity who qualified for DSP because they became unable to work or permanently blind whilst they were an Australian resident, and •entitled WidB pensioners whose partner died while both members of the couple were Australian residents, and who were overseas immediately before 20 Sept 2000 and have not returned to Australia for more than 26 weeks, and •all pensioners granted before 2 July 1986 (proportional portability only came in on 1 July 1986), who were overseas immediately before 20 Sept 2000 and have not returned to Australia for more than 26 weeks. I'm sure That I come under bullet point 2 Good find itsmylife08 but where did you find it please?
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Post by Denis-NFA on Jul 11, 2016 2:45:20 GMT 7
See guys there are some risks attached. A person overseas who transferred to the Age Pension, with less than 35 years AWLR, despite what they claim. Could still face a reduction after 26 weeks. And if already overseas, when does the 26 weeks start? If it's me I go home to make the transfer. I'm unclear as to what risks you are thinking of chris. Could you expand please. Certainly in your case, if I remember correctly, you have a rather unique situation and will be subject to proportional payment of OAP when you go back overseas after your 2 year qualifying period for OAP portability. What itsmylife08 and I are looking at in regards to transferring to OAP is where we are already on DSP with IP and living overseas and I think the law allows us a transition without having to return to Australia and spending 2 years to qualify, again, for IP. And as Banjo pointed out above one of the early founder/members of this forum was transferred to OAP without his need to return to Australia.
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Post by chris on Jul 11, 2016 3:36:12 GMT 7
Denis. This is not about my case.
itsmylife08 has less than 35 years AWLR. So if he did transfer, isn't he still subject to a proportional rate after 26 weeks. And my 2nd point. When would the 26 weeks start if he's already overseas?
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