Will our Age Pension be reduced?

Will the end of the carbon tax mean a reduction in the Age Pension?

Will our Age Pension be reduced?

Pam is concerned that Kevin Rudd’s announcement that the carbon tax will cease means an end to the extra payments received with the Age Pension.

Q. Pam
Will the change to the carbon tax alter the Age Pension? Will we lose the increase we recently received?

A. It’s worth noting that the end of the carbon tax is only a proposal by the Government and has yet to be made legislation. As covered in our news item on Monday 15 July, Carbon tax to go, the Clean Energy Supplement, which is now paid along with the Age Pension, will remain should the carbon tax move to an emissions trading scheme.



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    COMMENTS

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    rayser
    24th Jul 2013
    2:32pm
    However, one should note that Tony Abbott has said that if the Liberals make Government they are ceasing the regular increases to the Pension (March and September) to be "just an occasional increase" its likely that there will be no pension increases for years, as happened under the Howard Government. This means that theoretically once a year or even less payments could be made, so be aware of this man and his ideas.
    Pass the Ductape
    24th Jul 2013
    4:18pm
    That's very interesting rayser. I never heard Abbott say this but it wouldn't surprise me. I love to know where and when you heard it.

    The problem I see is that if this a sample of Liberal thinking, them it probably won't matter who gets to be the leader of the Liberals, pensioners are going to suffer - big time!
    Precious
    25th Jul 2013
    5:03pm
    Tony Abbot and his party have recently put out on the TV that Senior Citizens are the backbone of this country and we will be well rewarded if and when he gets in...I can hardly imagine he will be cutting back...However if we have to come to some sort of arrangement for the massive intake which are heading for our shores I thin k we will be more than willing to put a little towards the cost if not for the party itself...
    digiom
    24th Jul 2013
    4:10pm
    My 6 monthly increase on my pension is a rousing $6.78 per fortnight and I don't receive the Carbon Tax extra payment.
    janru
    24th Jul 2013
    4:48pm
    Pensions did increase during the Howards years. March/September just like now.
    Have not heard about Mr. Abbott ceasing the regular increases. I too would like to
    know when and where you heard this. I hope this is not true.
    iamnotold
    24th Jul 2013
    5:20pm
    There are always rumours around when an election is near, most spread by people who hear a couple of words and make up their own story to go with them! Wait and see what happens, no use worrying about it.
    Abbie C:
    24th Jul 2013
    11:09pm
    I don't feel safe with Rudd at the helm. Definitely looking to the alternative at present!
    jpalin
    25th Jul 2013
    10:25am
    Check out Jamie McIntyre, a young visionary who has recently entered politics. He's got my vote. http://21stcenturyaustralia.com.au/policy/
    jan5
    25th Jul 2013
    11:46am
    come on Debbie put us out of misey and tell us what libs policy is on pension rises
    you raised the question,or are you a rumour starter

    25th Jul 2013
    6:18pm
    My mother-in-law, who owns her home, could not manage on the pension at all during the Howard years and we had to help her out a lot. Now she manages well and is even able to save a bit. My partner and I are about to go onto super with a part pension. We will vote for the party that did the right thing by pensioners. I find it hard to understand how pensioners could support the LNP who cared not a jot about them when in power.
    Regarding the compensation pensioners get for the carbon tax. I don't know what will happen there but I am willing to bet that if the carbon tax is removed by the LNP there will be no decrease in power prices etc. The ALP will not remove the present scheme, they are just moving it forward by a year so I imagine the compensation will stay.
    Penqueen1949
    28th Jul 2013
    2:04pm
    http://theaimn.com/2013/03/07/what-tony-abbott-will-do-for-you-part-1-2/

    27th Jul 2013
    10:15am
    I am on a DSP and am 60 years old,when i reach 65 I will stay on DSP over the age pension,but the DSP was given to me in 1992,i was 39 years old,after i had properly healed i gave my pension back and returned to work full time.
    This happened 5 times,suspending pension to work,the last time i worked was 2005,when i was injured again,i reapplied for the disability pension 18 months ago,it is my only source of income,i am gratefull for it,and if we keep these supplements thats fine,they help,but if we lose them I will still be gratefull for my pension!

    Do you know that you can get $300 each year low income supplement?

    And on the WA Seniors card singles get $159 per year?

    It all helps,like i said though,I am gratefull i have a Gov'mint income,or,I'd be done for!
    Penqueen1949
    28th Jul 2013
    12:43pm
    My Mum voted Liberal all her life but then Howard was Prime Minister and her struggles began. She called him the worst Prime Minister ever because of her continual struggles on an old age pension. I think she then changed how she voted.... I'll always vote for who ever gives pensioners the best deal. That sure as hell is not the LNP.....
    Penqueen1949
    28th Jul 2013
    2:10pm
    http://theaimn.com/2013/03/07/what-tony-abbott-will-do-for-you-part-1-2/
    digiom
    29th Jul 2013
    6:33pm
    How can you quote another left wing blogsite The Australian Independent Media Network, as being an authority on anything. Ypu really deserve to get a dud like Rudd.
    Penqueen1949
    28th Jul 2013
    3:01pm
    http://news.smh.com.au/breaking-news-national/abbott-to-libs-revisit-workplace-laws-20090727-dytr.html
    I find it 'interesting' read as very frightening that Abbot uses as example the age pension being set in 1908 yet the expected life expectancy was less than 60 and now it's over 8o. These are Abbot's words in the article, not mine. What I find very scary is he has deliberately not thought about the quality of life of people over 60, 65, 70 and beyond to 80+. A lot of people in these age groups have health problems relating to an aging body and are only still alive because of major medical advances not because they are still capable of doing a hard days manual labour. Abbot wants to increase the age eligibility of the age pension to AT LEAST 70 and I bet a LNP government will make it nearly impossible for people to access the DSP too......
    boy'o
    29th Jul 2013
    12:29pm
    What ever government is in they will always hit the pensioners. When they (who/ever)leave government, no worries for them with a handsome pay out that we (the People) pay for in TAXES.
    Penqueen1949
    29th Jul 2013
    1:25pm
    Agreed on both points however historically the Labor party have been kinder to pensioners and as far as I know started the Old Age Pension and also brought in other welfare reforms to help the less fortunate.
    Bluebell
    29th Jul 2013
    1:14pm
    I would love to know when pensions of any type actually started. My Grandpa died in 1920 as a result of a work accident leaving her with 4 young children to raise, the youngest being only 15 months old. Workers Compensation didn't exist then either.
    Penqueen1949
    29th Jul 2013
    1:26pm
    Bluebell if you really wish to know just Google for your answer......
    Penqueen1949
    29th Jul 2013
    7:25pm
    Digiom, all I did was alert people to Abbott's wishes re pensions. Maybe a reduction and or another increase in the age criteria won't affect you. It will certainly affect people like myself who have to pay private rent on a single pension. It seems to me that Abbot expects men and women to work till at least eighty and if/when hey die beforehand then tough bickies. This is not the sort of uncaring person I want running Australia especially when politicians of all persuasions have heir snouts firmly in the public purse trough...... You can take my link as you like......
    Penqueen1949
    29th Jul 2013
    7:26pm
    Digiom, all I did was alert people to Abbott's wishes re pensions. Maybe a reduction and or another increase in the age criteria won't affect you. It will certainly affect people like myself who have to pay private rent on a single pension. It seems to me that Abbot expects men and women to work till at least eighty and if/when hey die beforehand then tough bickies. This is not the sort of uncaring person I want running Australia especially when politicians of all persuasions have heir snouts firmly in the public purse trough...... You can take my link as you like......


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