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simple1, on 2012-05-10 09:16:38, said:
Old Croc, on 2012-05-09 16:32:21, said:
OAP.
It seems they have now stated some firm guidelines.
If you lived in Australia all your working life they will pay you the full pension (less special allowances) presumably whereever you choose to live. Lesser pension for lesser residency .
Is this correct, and does the 2 year qualifying still apply?
It seems they have now stated some firm guidelines.
If you lived in Australia all your working life they will pay you the full pension (less special allowances) presumably whereever you choose to live. Lesser pension for lesser residency .
Is this correct, and does the 2 year qualifying still apply?
Two year timeline is in reference to returning to Australia after living overseas, you have to stay in Australia for a minimum of two years to continue receiving OAP if you then re-locate overseas. For details refer to email I recently received for Centrelinl. The 25 year period mentioned for Australian working life residence (WLR) below has now been extended, as I recall, to 30 as of 1/01/2014 (?)
A customer does not have to remain an Australian resident to continue to receive Age Pension while overseas and the overseas absence can be for any reason. For both temporary and permanent departures, the rate of payment after 26 weeks will paid at a proportional rate calculated by using the person's own Australian working life residence (WLR)
If a person has more than the maximum WLR of 25 years, the rate of pension will not be affected. If a person has no WLR (for example, they arrived in Australia after reaching age pension age) then the proportional rate will be nil and payment will cease 26 weeks after departure from Australia.
For permanent departures, only the basic pension and Pension Supplement Basic amounts are paid. Any add-on payments received, such as Rent Assistance (RA), will be cancelled from the date of departure. For temporary departures the supplements will stop after 13 weeks
If a customer who has only recently returned to live in Australia, is granted or transferred to Age Pension based on being a former resident then leaves Australia within two years of the recent return, payment will cancel on departure.
I qualify for the max WLR having lived in Australia for more than 35 years from age 16.
I've been OS (now my permanent home) for the last couple of years and will be 65 in may 2013.
According to the last sentence above, I would have to return to apply and then stay for 2 years to receive any OAP?
As i would only receive a partial pension because of other income it wouldn't be worth it.
My
