Post by slyfox on Nov 15, 2013 15:06:49 GMT 7
Hi guys,
I'm 66yo Aussie living in LOS on DSP. I'm grandfathered under old rules so have full portability. When I turned 65 Centrelink asked me if I wanted to go on age pension or remain on DSP. I discussed it with them and as there didn't seem any difference I said I'll stay on DSP. I do not receive a full pension as due to my working life in Oz I'm only eligible to 87% of the full pension. I also have some further deduction made from my pension as I receive income from my flat in Oz that is rented out by a property manager when I'm in LOS. I'm single and receive the single rate pension. My last pension payment was $1,325.60 for one month.
Now I'm considering marrying my Thai GF. But before going too far down this path I need to know what effects marriage would have on my pension payments and if I can even afford to marry. The lady I would like to marry is a Thai citizen, never been to Oz, she doesn't own property and has maybe a few thousand THB in the bank. I support her so she has no income.
I believe if I was to marry Centrelink will change my pension rate from single to married which would result in a lower monthly payment. But how much lower should I expect?
I'm 66yo Aussie living in LOS on DSP. I'm grandfathered under old rules so have full portability. When I turned 65 Centrelink asked me if I wanted to go on age pension or remain on DSP. I discussed it with them and as there didn't seem any difference I said I'll stay on DSP. I do not receive a full pension as due to my working life in Oz I'm only eligible to 87% of the full pension. I also have some further deduction made from my pension as I receive income from my flat in Oz that is rented out by a property manager when I'm in LOS. I'm single and receive the single rate pension. My last pension payment was $1,325.60 for one month.
Now I'm considering marrying my Thai GF. But before going too far down this path I need to know what effects marriage would have on my pension payments and if I can even afford to marry. The lady I would like to marry is a Thai citizen, never been to Oz, she doesn't own property and has maybe a few thousand THB in the bank. I support her so she has no income.
I believe if I was to marry Centrelink will change my pension rate from single to married which would result in a lower monthly payment. But how much lower should I expect?
