Veterans’ Affairs and Other Legislation Amendment (Pension Reform) Bill 2009

Type
Government
Portfolio
Veterans' Affairs 
Originating house
House of Representatives 
Status
Act 
Parliament no
42
Summary
Amends the:
Veterans' Entitlements Act 1986
  to: increase the single maximum basic rate of veterans' affairs pensions from 20 September 2009; index veterans' affairs pensions using the Pensioner and Beneficiary Living Cost Index; index veterans' affairs pensions using a combined couple benchmark; increase veterans' affairs pensions to compensate for anticipated increases in the living cost index arising from the Carbon Pollution Reduction Scheme; increase the income test taper rate and remove the additional income test free area for dependent children; introduce a Work Bonus so that certain income is disregarded as ordinary income; close the pension bonus scheme from 20 September 2009; increase the pension age for persons other than veterans from 65 to 67 years; enable certain veterans' affairs pension recipients to apply for an advance of veterans' affairs entitlements;
Veterans' Entitlements Act 1986
,
Military Rehabilitation and Compensation Act 2004
,
Income Tax Assessment Act 1997
,
Social Security Act 1991
  and
Social Security (Administration) Act 1999
  to consolidate a number of smaller payments and allowances into one pension supplement;
Veterans' Entitlements Act 1986
  and
Social Security Act 1991
  to allow veterans' affairs pensioners to transition to the new arrangements; and
Aged Care Act 1997
  in relation to the calculation of total assessable income for residents in aged care. 

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Progress

House of Representatives
12 Aug 2009Introduced and read a first time
12 Aug 2009Second reading moved
19 Aug 2009Second reading debate
19 Aug 2009Third reading agreed to
Senate
19 Aug 2009Introduced and read a first time
19 Aug 2009Second reading moved
07 Sep 2009Second reading agreed to
07 Sep 2009Third reading agreed to


07 Sep 2009Text of bill as passed both Houses
10 Sep 2009Assent

Act no.: 81

Year: 2009

Documents and transcripts

Text of bill

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Word Format PDF Format

Explanatory memoranda

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Word Format PDF Format

Transcript of speeches

Proposed amendments

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Schedules of amendments

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Committee Information

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Bills Digest

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Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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