Commonwealth of Australia Explanatory Memoranda

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SOCIAL SERVICES LEGISLATION AMENDMENT (FAIR AND SUSTAINABLE PENSIONS) BILL 2015

                      2013-2014-2015




THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA




              HOUSE OF REPRESENTATIVES




      SOCIAL SERVICES LEGISLATION AMENDMENT
        (FAIR AND SUSTAINABLE PENSIONS) 2015




    SUPPLEMENTARY EXPLANATORY MEMORANDUM




  Amendments to be moved on behalf of the Government




              (Circulated by the authority of the
  Minister for Social Services, the Hon Scott Morrison MP)


SOCIAL SERVICES LEGISLATION AMENDMENT (FAIR AND SUSTAINABLE PENSIONS) 2015 Amendments to be moved on behalf of the Government OUTLINE These Government amendments remove from the Bill the following Schedules: Schedule 1 - Defined benefit income streams; Schedule 2 - Proportional payment of pensions outside Australia; Schedule 4 - Energy supplement replacing seniors supplement; Schedule 5 - Pensioner education supplement; and Schedule 6 - Education entry payment. The Schedules are being removed for the purpose of this Bill and the 2015 Budget measures will be reintroduced in separate Bill in due course. The measure currently provided by Schedule 3 - Assets test and concession cards - will proceed. Financial impact statement The savings from the removed measures will not be realised in this Bill.


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