Summary
Amends: the
Social Security Act 1991
to reduce from 26 to six weeks the period during which age pension and other payments with unlimited portability can be paid outside Australia at the means-tested rate from 1 January 2017; and pause for three years the indexation of various income thresholds that apply to certain social security benefits and allowances and the income test free area for parenting payment single; the
Social Security Act 1991
and
Social Security (Administration) Act 1999
to abolish the pensioner education supplement from 1 January 2016; the
Social Security Act 1991
,
Social Security (Administration) Act 1999
and
Veterans’ Entitlements Act 1986
to abolish the education entry payment from 1 January 2016; and seven Acts to make consequential amendments.