Summary
Amends the Social Security Act 1991, Social Security (Administration) Act 1999, Veterans’ Entitlements Act 1986, A New Tax System (Family Assistance) Act 1999 and A New Tax System (Family Assistance) (Administration) Act 1999 to provide for economic security strategy payments (to be made as lump sum payments from 8 December 2008) to age, disability support, wife, widow B and veterans’ service pensioners and people receiving income support supplements, carer payments, and partner, widow and bereavement allowances. Also establishes administrative schemes to provide for payments in certain circumstances; and makes consequential amendments to the Income Tax Assessment Act 1936, Income Tax Assessment Act 1997, Social Security Act 1991, Social Security (Administration) Act 1999 and Veterans’ Entitlements Act 1986.