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Showing 1 - 10 of 33 results for "Benefits Scheme"

Government moves to amend military super benefits tax

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
The government is introducing legislation that aims to ensure no veteran pays higher income taxes because of the Federal Court decision in Commissioner of Taxation V Douglas (the Douglas decision). The Douglas decision found that certain veterans' invalidity ...

COVID not only health issue on Budget radar

TOM WATSON  |  TUESDAY, 29 MAR 2022
... government has allocated $2.4 billion over five years towards reducing the cost of medicines through the Pharmaceutical Benefits Scheme (PBS), with treatments for bowel cancer, breast cancer and cystic fibrosis among the new listings on the PBS. The ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... mental healthcare is also expected, with investment in prevention likely alongside additions to the Pharmaceutical Benefits Scheme. That's according to Macquarie University Centre for Health Economy director Henry Cutler, who added: "If its pre-election ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... merged fund will provide Australia Post with a corporate plan within its structure and maintain APSS's defined benefits scheme funded by Australia Post. APSS members' accumulation balances are to be transferred to a similar investment product ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... to those joining the ADF from 1 July 2016, and serving and returning members of the Military Superannuation and Benefits Scheme who chose to join the new scheme. The measures to allow discharged ADF Super members to stay with the fund were initially ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... contributors: Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement and Death Benefits (DFRDB). It is also responsible for pension payments out of ...

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
At the launch of the Crescent Think Tank in Sydney, former union boss Bill Kelty didn't hold back in expressing his views on the current state of the superannuation system. "My view is the most important thing to working people in Australia is stop ...

Life expectancy declining: KPMG

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
Latest research from KPMG debunks the assumption that life expectancy is increasing when in fact it has contracted for the fourth consecutive year. After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting ...

Pension changes will impact retirement adequacy

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
... to automatically qualify for a Commonwealth seniors health card, which gives them access to the pharmaceutical benefits scheme but that card for example doesn't give them access to a lot of state based benefits," Rundmann said. "In NSW for example if ...

Military to get defined contribution super scheme

MARK SMITH  |  TUESDAY, 28 JUN 2016
... not be required to move to the new fund but serving and returning members of the current Military Superannuation Benefits Scheme (MSBS), which is a partially funded government guaranteed scheme, may choose to move to ADF Super at any time from 1 July ...
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