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Second Reading Speeches

Social Services and Other Legislation Amendment (Pension Loans Scheme Enhancements) Bill 2021

Type
Government
Portfolio
Social Services
Originating house
House of Representatives
Status
Act
Parliament no
46

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Summary

Amends the:

Social Security Act 1991
and
Veterans' Entitlements Act 1986
to: introduce a no negative equity guarantee to the pension loans scheme; and enable participants to access an advance of their entitlement to regular pension loans scheme payments; and
Social Security (Administration) Act 1999
to make a consequential amendment.

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