income test

In less than 4 weeks the Income Test for the Age Pension will change. Do you know if your retirement plans will be impacted?

Date Published: 03/12/2014 Category: Member Benefits

Do you know if your retirement plans will be impacted?Currently, the Centrelink Income Test used to calculate eligibility for benefits such as the Age Pension, treats income received from Account Based Pensions differently from that received from other sources such as bank accounts, managed funds and shares.

https://www.australianunions.org.au/2014/12/03/in-less-than-4-weeks-the-income-test-for-the-age-pension-will-change-do-you-know-if-your-retirement-plans-will-be-impacted/