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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