Search Results | Showing 1 - 10 of 19 results for "Age Pension payments" |
| | | ... puzzle." "Under most scenarios, asset tested part-pensioners taking out a Lifetime Pension will see their Age Pension payments increase, and for some retirees it could enable them to qualify for a part-pension and the associated Pensioner Concession ... |
| | | | ... could lead to considerable net budgetary savings. Additional savings could also emerge from a reduction of Age Pension payments due to increased superannuation balances for carers. Based on the 2023-24 budget papers, the initial annual cost of adding ... |
| | | | ... market instability. Further, clients can now opt for fortnightly payments, aligning with their Centrelink Age Pension payments or alternating fortnights. Generation Life general manager of retirement solutions Patrick Clarke said: "Our goal at Generation ... |
| | | | ... a matter of time until a superannuation-like levy is proposed. Payments to seniors, which in the main are Age Pension payments and aged care expenditures, are meanwhile growing strongly but only by 7% each, which pretty much matches the inflation rate. ... |
| | | | ... early 1990s, ASFA chief executive Martin Fahy said. For retirees, falling real wages have meant that the Age Pension payments have not benefitted from adjustments linked to wage increases. "These ongoing pressures on retiree budgets have caused a related ... |
| | | | ... that the Age Pension also provides some protection from inflation, including the twice-yearly indexation of Age Pension Payments and the Pensioner and Beneficiary Living cost index. "There is additional inflation protection provided for retirees receiving ... |
| | | | ... superannuation. In another scenario, increasing the SG by 0.5% next year will improve the budget bottom line via lower Age Pension payments in the future and increased revenues on extra assets accrued through compound returns, the report reads. For this ... |
| | | | ... government money and see Australians on middle incomes fail to benefit due to a reduction in eligibility for Age Pension payments. "Others have commented (erroneously) that there is still an impending ageing crisis that will blow out the Age Pension ... |
| | | | ... most low- and middle-income workers would see very little change in their retirement incomes, because lower Age Pension payments would largely erode the increase in income from savings. "And of course all workers would have lower incomes while working ... |
| | | | ... Support Pension (DSP) payments. Additionally, super balances eroded by insurance premiums lead to greater Age Pension payments for some members. Taking tax implications into account, the Commission said insurance premiums reduce super savings and thus ... |
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