Policy

Last amended: 29 July 2010

Acceptable types of accounts

Payment can be made to any Australian transaction account, held at any financial institution, provided the account has:

• a valid BSB code, and
• an account number of 9 digits or less.

Payments cannot be made to debit accounts such as credit cards, and fixed term investments such as term deposits.

Direct credit payment to account of pensioner

Imprisonment in gaol or psychiatric confinement following criminal charge

Service pension, income support supplement and veteran payment are not payable on a day on which the person is in gaol or in psychiatric confinement because they have been convicted of an offence. If a person has been charged with, but not convicted of an offence, service pension, income support supplement and veteran payment are not payable unless the person is undertaking a course of rehabilitation.

Last amended: 17 March 2010

Commission policy on recipient of pension payments

It is the Commission's policy that wherever possible a pension is to be paid directly to the pensioner. There are two categories of people besides the pensioner to whom the [glossary:Commission:545] may approve payment of pension. They are known as agents and trustees.

This chapter provides information about the Income Support and Veterans' Compensation advices and different types of advice letters produced.

This chapter contains the following sections:

See Also

This section explains the policy regarding delegations.

Effect on pensioner

If a pensioner is absent from Australia for any period of time, but continues to receive pension under the portability arrangements, the following table summarises what happens to any allowances payable to that pensioner.

This section outlines [glossary:Commission:545] policy on payment of pension instalments by the direct credit method.

This section outlines the policy regarding the appointment and making payments to a [glossary:trustee:496].

Last amended: 29 April 2009