Overview
A Commonwealth veteran, Allied veteran or Allied mariner applying for service pension must be an Australian resident and have resided in Australia for a continuous period of at least 10 years. However, a concession to the ten year requirement may be applied where a person has multiple periods of residency. Below are details of how to calculate the further periods of residence required of a person, before they meet the period of residency required under the concession.
When to apply additional formulas
The period of continuous residence still required is determined by using additional formulae, where:
- a Commonwealth veteran, Allied veteran or Allied mariner applies for service pension; and
- has been an Australian resident for more than one period; and
- is not yet eligible under the concessional formula.
Which formula ?
|
If... |
Then, the further period of residence required is given by... |
|
each period of residence is less than 5 years |
Formula 1 [20 - (Aggregate residence + Current period of residence)] ÷ 2 |
|
at least one period of residence equals or exceeds 5 years |
The lesser of Formula 1 [20 - (Aggregate residence + Current period of residence)] ÷ 2; and Formula 2 20 - (Aggregate residence + Longest period of residence) |
Example: Each period of residence is less than 5 years
Periods of residence are 4 years, 4 years and current period of 3 years.
Formula 1[ 20 - (11 + 3) ] ÷ 2 = 3
Thus three more years of continuous residence are required
When the additional three years' residence are completed, the periods of residence will be 4, 4 and 6 years. These new periods of residency meet the residency requirements, under the concessional formula.
Example: One period of residence equal to or exceeding 5 years
Periods of residence are 8 years and current period of 1 year.
formula 1[ 20 - (9 + 1) ] ÷ 2 = 5
formula 2 — 20 - (9 + 8) = 3
As the answer to formula 2 is the lesser period, 3 more years of continuous residence are required.
When the additional 3 years' residence are completed, the periods of residence will be 8 and 4 years. These new periods of residency meet the residency requirements under the concessional formula.