dotb
Junior Member
Posts: 2
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Post by dotb on Oct 24, 2011 13:15:17 GMT 7
:-/ :-/ :-/ Hi my husband and I are both in our Seventies lived in Australia 42 years and receive Australian Aged Pension also a very small Uk Pension. We want to spend the time left with my mum in the UK she is 91 years my problem is I have contacted Centrelink and they have told me we will get our aged pension but when I have requested them to explain how it works with the exchange rate and asset testing and if the UK pension part is increased the effect on our Australian Pension they have been most unhelpful . one remark was work it out as if you where here in Australia another person said we will tell you what you want to know if you don't come back in Twelve Months but before we can commit to going we need to know how our pension will work out because we only have our pension .. would someone be so kind as to explain in simple language how it works
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Post by Banjo on Oct 24, 2011 14:00:34 GMT 7
Hi Dot, welcome to the forum, I believe that your pension will be paid into your Australian bank account as it is now. This is what the Government says. www.facs.gov.au/sa/international/policy/Portability_Policy/Pages/default.aspxAge Pension Unlimited portability. For the first 26 weeks paid at the full domestic rate. After 26 weeks of absence proportional rate is paid if a person does not have 25 years of Australian working life residence. .................................................................................................................................................... Who did you speak to at Centrelink? Did you call Centrelink International Services 131673? Would you like to call or go and see Welfare Rights in your home state capital? www.welfarerights.org.au/pages/centre.aspxIf you are already on the pension the assets test should be finished business. Should your assets or income situation change, for example an inheritance, you have to let Centrelink know. All of us travellers live or die by the exchange rate. This year we drink champagne, next year it could be beer again. Seriously, if your pension is paid into your Australian bank then the ATM in the UK you use will work out the daily rate and pay you in quids accordingly.
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Post by Banjo on Oct 24, 2011 14:16:09 GMT 7
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dotb
Junior Member
Posts: 2
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Post by dotb on Oct 24, 2011 14:43:07 GMT 7
Hi I spoke to Centrelink International I will have my pension paid into a UK Bank Account because drawing from my Australian Bank Account will in-cure large fees this the bank told me and as I maybe away for a few years we hope so, I thought it best to have a UK account, from what the lady said at centrelink you have to have an assert test again on what you have acquired in the UK, which I am completely lost on do I just half the amount I am allowed here or not ?? I will also go and see the welfare organization you mention because very confused I will have to sell our home here tobe able to either buy or rent a propert in the UK mums place is to small for us to live there I have told centrelink this would be our intention many thanks
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Post by Banjo on Oct 24, 2011 15:17:11 GMT 7
I think you will find Welfare Rights very helpful. They are an independent body set up to advise pensioners and other Social Security recipients on their rights under the law. Good luck, let us know how you get on, because we need a bit more input in this field ourselves, and enjoy those Pommy winters!
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