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

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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.

Progress

House of Representatives
Introduced and read a first time 12 Aug 2009
Second reading moved 12 Aug 2009
Second reading debate 19 Aug 2009
Third reading agreed to 19 Aug 2009
Senate
Introduced and read a first time 19 Aug 2009
Second reading moved 19 Aug 2009
Second reading agreed to 07 Sep 2009
Third reading agreed to 07 Sep 2009
Text of bill as passed both Houses 07 Sep 2009
Assent
  • Act no.: 81
  • Year: 2009
10 Sep 2009

Documents and transcripts

Text of bill

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Word Format PDF Format HTML Format

Explanatory memoranda

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Word Format PDF Format HTML Format

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Notes

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.