Australian Aged Pension

[rhodie]

6 hours ago, scorecard said:

Do you have any reference for that?

 

It's 10 years ago now, but I have a friend who was in the Philippines for 15 years and returned at age 63. Was on Newstart for 2 years until he got the pension at 65 and left to return to the Philippines with portability.

[Nemises]

1 hour ago, rhodie said:

 

It's 10 years ago now, but I have a friend who was in the Philippines for 15 years and returned at age 63. Was on Newstart for 2 years until he got the pension at 65 and left to return to the Philippines with portability.

Nice!

 

Whilst on Newstart, do you know if they made him report in person every fortnight to his local Centrelink office for those 2 years?

[georgegeorgia]

1 hour ago, rhodie said:

 

It's 10 years ago now, but I have a friend who was in the Philippines for 15 years and returned at age 63. Was on Newstart for 2 years until he got the pension at 65 and left to return to the Philippines with portability.

Oh please don't quote things on heresay 

You have a friend who told you ,a friend they did that this but haven't seen your "friend" in 20 years etc 

It's based on heresay 

[Peterw42]

27 minutes ago, Nemises said:

Nice!

 

Whilst on Newstart, do you know if they made him report in person every fortnight to his local Centrelink office for those 2 years?

I think you will find once you are over 60 the in person reporting and looking for a job etc goes out the window, but they point you towards volunteering.

[Fat is a type of crazy]

18 hours ago, TroubleandGrumpy said:

I agree - the Aust system is one where you must be a resident to be able to apply for the Pension. In order to keep the Pension while living overseas temporarily or permanent (portability)  you must be a 'Resident' and approved for Portability. Which means a Citizen or a Permanent Resident. You cannot lose Citizenship, but if you are away a long time, then Permanent Residency can be withdrawn - and you would therefore lose the Pension (and it has happened and will probably happen more). 

 

There is also a 'benefit' in regards to Thailand taxation of the Pension - the Australian Pension is only paid to residents of Australia - wherever they are living - that is why Portability (of Residence) was created.  And as per the Aust-Thai DTA, taxation of a Pension paid by one State to residents of that State, can only be taxed by that State (the State that pays the Pension). There is an exemption, and that is where the person receiving the Pension from one State is a Citizen of the other State and is living in that other State and is a tax resident.  What that means is that an Aussie living in Thailand's Pension is not taxable by Thailand, but a Thai Citizen/Resident (that part means permanent Resident) living in Thailand who is receiving an Aust Pension, can be taxed by Thailand under the DTA.  Yes I know there are some saying it is taxable, and some saying it is not - but IMO the meaning and intention is clear - the Pension is not taxable.

 

 

I think this discussion has been had - I have posted a thing before - can find it if wanted - that appears to say there is nothing in the Double Tax Agreement to exclude the age pension being taxed by Thailand. 

You seem to be saying that the Age Pension is paid to residents by definition - and if you live in Thailand but are not a citizen of Thailand - you are excluded. If you can point to something that says that it might be helpful. 

 

[Nemises]

16 minutes ago, Peterw42 said:

I think you will find once you are over 60 the in person reporting and looking for a job etc goes out the window, but they point you towards volunteering.

Indeed volunteering is an option but they can't make you do that. Looking for a job and getting the dole is still available to you up until pension age.

 

 

Edited 15 minutes ago by Nemises