Non-Accruing Membership
Definition of non-accruing membership
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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:
When to Apply the Reasonableness Test
Last amended: Purpose of the reasonableness test
As a means of minimising the capacity for [glossary:assets test:599] avoidance, a test of reasonableness is applied to the [glossary:granny flat:52] [glossary:entry contribution:426]. The reasonableness test uses an approximation of actuarial values, based on [glossary:life expectancy:348], to estimate the value to the veteran of the life accommodation interest. Examples where the reasonableness test may be applied include where the veteran:
Assessment Process for Service Pension Payable to Non-War Widow/Widower-Pensioners
Last amended: 21 September 2009
Determining the rate for non-blinded service pensioners
SCH6-A1(2) of VEA
9.1.4 Application of the Assessed Rate of Pension
This section contains information on adjustments, reductions and increases that can be made to the assessed rate of service pension and income support supplement and on deductions which can be made from pension payments.