Part 3Amendments relating to the grant of pensions overseas
Social Security Act 1991
5 Subparagraph 1212(3)(c)(iii)
Repeal the
subparagraph.
6 Subparagraph 1212(3)(c)(vi)
Repeal the subparagraph.
7
After subsection 1212(3)
Insert:
- (3AA)
- If:
- (a)
- a person outside Australia becomes qualified for an age pension; and
- (b)
- if the person had been in Australia, subsection 48(3) would have applied
to the person in relation to the age pension;
subsection (3) of this section applies to the person in relation to the age
pension as if paragraph (d) were omitted.
8 Subsection 1212(4) (note 1)
After "transferees", insert "(other than those
covered by subsection (3AA))".
Part 4Amendments relating to the application of international agreements
where persons transfer to another pension while overseas
Social Security Act 1991
9 At the end of section 43
Add:
- (3)
- Subsection
(1) has effect subject to subsection 1208(6) (continued operation of scheduled
international social security agreement in relation to certain recipients of
age pension).
10 At the end of section 1208
Add:
- (6)
- If:
- (a)
- immediately before he or she reaches pension age, a person is receiving a
social security payment (other than age pension) solely because of the
operation of a scheduled international social security agreement; and
- (b)
- on reaching pension age, the person becomes qualified for age pension
because of the operation of paragraph 43(1)(c);
the age pension is taken to be payable to the person under the agreement
referred to in paragraph (a).
Part 5Amendments relating to the waiver of debts arising under
international agreements
Social Security Act 1991
11 At the end of section 1235
Add:
; or (c) a debt due to the Commonwealth under a scheduled international social
security agreement.
Part 6Amendments relating to the transfer to age pension of persons
temporarily overseas
Social Security Act 1991
12 At the end of point 1210-A1
Add:
- Note 4: Point
1210-A3 imposes a limit on the international agreement portability rate.
13 After point 1210-A2
Insert in Module A:
Limit on international agreement
portability rate
1210-A3 If a person's international agreement portability rate as calculated
under point 1210-A1 would exceed the rate (the notional rate) that would be
the person's notional agreement pension rate under that point if the person
had a residence factor of 1, the person's international agreement portability
rate is the rate that equals the notional rate.
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