Summary
Amends the:
Social Security (Administration) Act 1999
and
Veterans' Entitlements Act 1986
to enable age pensioners and certain veterans' entitlement recipients to have their payment suspended for up to two years, instead of cancelled, if their income, which includes some income from the recipient's own employment, precludes payment; and provide for the same suspension period for partners of the age pension, disability support pension and certain veterans' entitlements recipients, where the partner is receiving a social security pension or certain veterans' entitlements;
Social Security (Administration) Act 1999
to make minor amendments to the existing suspension provisions for disability support pensioners; and
Social Security Act 1991
and
Veterans' Entitlements Act 1986
to: provide that working age pensioners, disability support pensioners and certain veterans' entitlement recipients, and their pensioner partners, can retain their pensioner concession card for up to two years after their payment ceases; and provide a temporary increase of $4,000 to eligible age pensioners and veterans’ existing and initial unused concession balance until 30 June 2023, enabling eligible recipients to earn up to another $4,000 before the income test is applied and their payments affected.