5.10.2 Eligibility Criteria for Participation in RASF
Eligibility for qualifying sugarcane farmers
VEA →
VEA → (go back)
Eligibility for qualifying sugarcane farmers
Section 49Q VEA
Work Requirements of the Pension Bonus Scheme
Work test
Section 45TV VEA - basic rule for gainful work
Section 45TZ VEA - domestic duties not being gainful work
To accrue a bonus, a member must meet the minimum work requirements for each bonus year. They, or their partner, must perform [glossary:gainful work:75] for each bonus year. They must also keep a work record.
Minimum hours
Section 45TS VEA - work test VEA - full year period
Section 45TT VEA - work test VEA - part year period
Non-Accruing Membership
Definition of non-accruing membership
VEA →
VEA → (go back)
Non accruing membership – Commission's discretion
Section 45TO VEA
5.4.6 Repayment of Home Equity Access Scheme
This section outlines the policy regarding the repayment of loans under the Home Equity Access Scheme.
Management and Maintenance of Home Equity Access Scheme Loans
Decrease in loan rate - assets tested pensioners
The amount owed by a person under the Home Equity Access Scheme is deducted from the value of the assets held as security against the loan. If the assets held as security are assessable under the assets test, the person's pension entitlement under the assets test increases as the amount is deducted from the value of those assets. As the person's pension entitlement increases, their fortnightly loan rate may decrease depending on how they have set their Home Equity Access Scheme rate.
Effect of Children on Rent Assistance, Maintenance Income, Bereavement and other means test provisions
Last amended: Children and rent assistance
Whether DVA or the Family Assistance Office pays rent assistance to a service pensioner or income support supplement recipient paying rent, is determined by: