This section contains descriptions and definitions of the different assessment categories of income stream [2].
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
VEA [5]
To be an asset-test exempt income stream [2], the income stream must have been purchased before 20 September 2007, unless certain conditions are met. The purchase date also determines whether the income stream is 100% or 50% asset-test exempt.
More [8]
An asset-test exempt income stream, paid for life has all of the following characteristics:
The commencement day [2] is the first day of the period to which the first payment under the income stream relates, even if the payment is made at the end of a twelve month period. The commencement day is usually the day the income stream was:
Although the term of a lifetime income stream is for the life of the beneficiary, the relevant number [2] is either the:
When determining the relevant number the actual life expectancy factors are used (ie there is no rounding). If there is a guaranteed period [2], the relevant number will be based on the life expectancy, not the guaranteed period. The relevant number is always calculated using the person's age on the income stream's commencement day, which is the same as the purchase date for purchased income streams.
More [10]
The asset-test exemption for a lifetime income stream is not affected if the income stream provides the following guarantee conditions:
The maximum guarantee period for an income stream purchased:
Payments must be made at least annually. The contract must specify the total amount of payments that may be made in the first year after the commencement day, excluding allowable commutations [2]. In any other year the payments may only vary:
The yearly indexation cannot be a negative value and must be no greater than:
The purchase price is the amount invested to purchase the income stream, less any allowable commutations. The amount paid as the purchase price must be wholly converted into income. The income stream must have no residual capital value.
In order to be assessed as an asset-test exempt income stream, the income stream must be non-commutable except in limited circumstances. The benefit payable after the commutation cannot be greater than the benefit payable before the commutation. Commutation is allowed in the following circumstances:
In recognition of the global financial crisis of 2008 and 2009, temporary relief has been provided for holders of 100% asset-test exempt income streams, sourced from a SMSF or SAF, who are forced to restructure after failing to meet the high probability test.
More [11]
For an income stream to be asset-test exempt, neither of the following can be used as security for borrowing:
Payments may only decrease as a result of:
In order for a lifetime income stream to qualify for asset-test exempt status, the contract or governing rules [2] must specify that the income stream cannot be transferred to another person, apart from:
To ensure that no income is deferred, the payment to a reversionary beneficiary cannot be greater than the primary beneficiary received immediately before death.
On reversion to a reversionary beneficiary upon the death of the primary beneficiary or the death of one of the owners of a jointly owned income stream, the income stream is treated as a continuation of the original income stream. The asset-test exempt status, purchase price, commencement day and relevant number remain unchanged. The gross payment may be reduced in accordance with the contract.
Payments to a reversionary beneficiary must be paid at least annually, either:
Where the reversionary beneficiary is removed or is changed, the income stream is treated as a new income stream from that date. The commencement day is the date that the reversionary beneficiary changed and the purchase price is the net present value of the future income stream payments as calculated by the income stream provider. The relevant number is calculated on the person's circumstances on the new commencement day.
Actuarial Certificate
10.5.5/Additional Documentation Required from Self managed Superannuation Funds and Small APRA Funds [14]
Determining the relevant number for an asset-test exempt lifetime income stream
Section 10.5.7 Life Expectancy Tables, Pension Valuation Factors and Payment Factors [16]
Waiver of debt under temporary debt relief arrangements
10.5.5/Assessment where Fund Closes or is in Financial Difficulty [18]
An income stream is an asset-test exempt income stream if it is purchased before 20 September 2007 and must be:
and:
Legislative reference:
Veterans' Entitlements Act 1986:
The consumer price index (CPI) provides the official measure of inflation in Australia. The CPI measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households).
The purchase price of an income stream is the nominal sum of the paymetns made to purchase the income stream (including amounts paid by way of employer and employee contributions) less any commuted amounts.
Note: In determining the means test assessment of asset-tested income streams (lifetime), the purchase price is not used. Rather, the grossed up purchase amount.
Legislation: Section 5J(1) [3]of the VEA [3]
The residual capital value is the amount (if any) remaining at the end of an income stream's term, consisting of a portion of the initial capital invested in the income stream [2].
The commencement day in relation to an income stream [2] is the first day of the period to which the first income stream payment relates. This is usually one instalment period before the date of the first income payment.
The commencement day cannot occur prior to:
Legislative reference: subsection 5J(1) of the Veterans' Entitlements Act 1986.
An income stream's relevant number is the length of time an income stream is paid for. It can be a fixed term or the life expectancy factor of the payee or reversionary beneficiary.
Life expectancy is the length of time a person is expected to live and has the same meaning as 'life expectancy factor' under section 27H of the Income Tax Assessment Act 1936.
A guaranteed period ensures that the pension payments will continue to the estate should the owner and the reversionary beneficiary die during the guaranteed period.
A commutation, in relation to an income stream [2], is the conversion of part or all of the future income stream payments into a lump sum. A commutation is similar to a withdrawal.
Superannuation contributions surcharge has the meaning that it has in the Superannuation Contributions Tax (Assessment and Collection) Act 1997.
A person may apply to the Commission in writing to be allowed to commute the whole or part of an income stream because of extreme financial hardship. According to s.5JA of the VEA, the Commission may determine an amount as allowable commutation if these conditions are satisfied:
According to section 5H of the VEA [21] income is:
The governing rules of an income stream are either:
governing the establishment and operation of the income stream.
To be an asset-test exempt income stream [2], the income stream [2] must have been purchased before 20 September 2007, unless certain conditions are met. The purchase date also determines whether the income stream is 100% or 50% asset-test exempt.
More [24]
An asset-test exempt life expectancy income stream has all of the following characteristics:
Where an income stream is jointly owned, the characteristics of the income stream must be satisfied in relation to each owner.
An asset-test exempt life expectancy income stream's commencement day [2] is the first day of the period to which the first payment relates, even if the payment is made at the end of a twelve month period. The commencement day is usually the day the income stream was purchased.
The term of the income stream is a fixed term, as specified in the income stream contract, and is also known as its relevant number [2]. To comply as an asset-test exempt income stream the relevant number must meet the criteria in the table below. The relevant number is always calculated using the person's age on the income stream's commencement day, which is the same as the purchase date for purchased income streams.
More [26]
Purchase date of income stream |
Relevant number requirements |
Rounding |
Before 20/09/2004 |
|
If not a whole number, may be rounded up at the person's option to the next whole number. |
On or after 20/09/2004 and before 01/01/2006 |
|
If not a whole number, must be rounded up to the next whole number. |
On or after 01/01/2006 |
|
If not a whole number, must be rounded up to the next whole number. |
Payments must be made at least annually. The contract must specify the total amount of payments that may be made in the first year after the commencement day, excluding allowable commutations. In any other year the payments may only vary by:
The yearly indexation cannot be a negative value and must be capped at the larger of:
The purchase price is the amount invested to purchase the income stream, less any allowable commutations. The amount paid as the purchase price must be wholly converted into income. The income stream must have no residual capital value.
In order to be assessed as asset-test exempt, the income stream must be non-commutable except in limited circumstances. The benefit payable after the commutation [2] cannot be greater than the benefit payable before the commutation. Commutation is allowed in the following circumstances:
In recognition of the global financial crisis of 2008 and 2009, temporary relief has been provided for holders of 100% asset-test exempt income streams, sourced from a SMSF or SAF, who are forced to restructure after failing to meet the high probability test.
More [27]
For an income stream to be asset-test exempt, neither of the following can be used as security for borrowing:
In order for a life expectancy income stream to qualify for asset-test exempt status, the contract or governing rules [2] must specify that the income stream can only be transferred to a reversionary beneficiary or to the person's estate on the death of the primary beneficiary. To ensure that no income [2] is deferred, the payment to a reversionary beneficiary cannot be greater than the payment the primary beneficiary received immediately before death.
If the primary beneficiary or owner of a:
dies and the income stream reverts to the nominated reversionary beneficiary, the income stream must be re-tested for asset-test exempt status as at the date of reversion using the age and life expectancy of the reversionary beneficiary and remaining term of the income stream on that date.
If, on the date of reversion:
the income stream would no longer meet the characteristics of an asset-test exempt income stream and would instead be assessed as an asset-tested income stream (long term) [2]. The income stream retains the same commencement day, purchase price and relevant number regardless of whether it is assessed as asset-test exempt or as asset-tested. The gross payment may reduce as specified in the income stream contract.
More [28]
The income stream continues to be asset-test exempt if the reversionary beneficiary was the partner of the primary beneficiary on the day of the primary beneficiary's death. In all other cases, the income stream ceases to be asset-test exempt on reversion. In any case, the income stream retains the same commencement day, purchase price and relevant number. The gross payment may reduce as specified in the income stream contract.
The reversionary benefit for life expectancy income streams is the balance of payments that would have been paid to the primary beneficiary under the contract terms.
Removing or changing the reversionary beneficiary has no impact on the asset test exempt status of the income stream.
Actuarial Certificate
10.5.5/Additional Documentation Required from Self managed Superannuation Funds and Small APRA Funds [14]
Relevant number
Section 10.5.7 Life Expectancy Tables, Pension Valuation Factors and Payment Factors [16]
Waiver of debt under temporary debt relief arrangements
10.5.5/Assessment where Fund Closes or is in Financial Difficulty [18]
Asset-tested income streams
10.5.2/Asset tested income streams [34]
Determining the relevant number for an assets test exempt life expectancy or 15 year minimum term income stream
Section 10.5.7 Life Expectancy Tables, Pension Valuation Factors and Payment Factors [16]
An income stream is an asset-test exempt income stream if it is purchased before 20 September 2007 and must be:
and:
Legislative reference:
Veterans' Entitlements Act 1986:
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
Currently, the pension age for a veteran is 60 years of age (VEA 5QA).
The pension age for a non-veteran is determined by the table below:
Date of birth (both dates inclusive) | Age Pension age |
1 July 1952 to 31 December 1953 | 65 years and 6 months |
1 January 1954 to 30 June 1955 | 66 years |
1 July 1955 to 31 December 1956 | 66 years and 6 months |
On or after 1 January 1957 | 67 years |
Life expectancy is the length of time a person is expected to live and has the same meaning as 'life expectancy factor' under section 27H of the Income Tax Assessment Act 1936.
The consumer price index (CPI) provides the official measure of inflation in Australia. The CPI measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households).
The purchase price of an income stream is the nominal sum of the paymetns made to purchase the income stream (including amounts paid by way of employer and employee contributions) less any commuted amounts.
Note: In determining the means test assessment of asset-tested income streams (lifetime), the purchase price is not used. Rather, the grossed up purchase amount.
Legislation: Section 5J(1) [3]of the VEA [3]
The residual capital value is the amount (if any) remaining at the end of an income stream's term, consisting of a portion of the initial capital invested in the income stream [2].
The commencement day in relation to an income stream [2] is the first day of the period to which the first income stream payment relates. This is usually one instalment period before the date of the first income payment.
The commencement day cannot occur prior to:
Legislative reference: subsection 5J(1) of the Veterans' Entitlements Act 1986.
An income stream's relevant number is the length of time an income stream is paid for. It can be a fixed term or the life expectancy factor of the payee or reversionary beneficiary.
A commutation, in relation to an income stream [2], is the conversion of part or all of the future income stream payments into a lump sum. A commutation is similar to a withdrawal.
Superannuation contributions surcharge has the meaning that it has in the Superannuation Contributions Tax (Assessment and Collection) Act 1997.
A person may apply to the Commission in writing to be allowed to commute the whole or part of an income stream because of extreme financial hardship. According to s.5JA of the VEA, the Commission may determine an amount as allowable commutation if these conditions are satisfied:
The governing rules of an income stream are either:
governing the establishment and operation of the income stream.
According to section 5H of the VEA [21] income is:
An income stream is an asset-tested long term income stream if it is:
Note: income streams that pay for the life of an individual or individuals, purchased or acquired on or after 1 July 2019, are assessed as asset-tested lifetime income streams.
Legislative reference: subsection 5J(1) Veterans' Entitlements Act 1986
VEA [37]
To be an asset-test exempt income stream [2], a market linked income stream must have been purchased before 20 September 2007, unless certain conditions are met.
More [39]
An asset-test exempt market linked income stream has all of the following characteristics:
An asset-test exempt market linked income stream's commencement day is the first day of the period to which the first payment relates, even if the payment is made at the end of a twelve month period. The commencement day is usually the day the income stream was purchased.
The term of the income stream is a fixed term specified in the income stream contract and is also known as its relevant number [2]. To comply as an asset-test exempt income stream the relevant number must meet the criteria in the table below. The relevant number is always calculated using the person's age on the income stream's commencement day, which is the same date as the purchase day.
More [40]
Purchase date of income stream | Relevant number requirements | Rounding |
On or after 20/09/2004 and before 01/01/2006 |
| If not a whole number, must be rounded up to the next whole number. |
On or after 01/01/2006 |
| If not a whole number, must be rounded up to the next whole number. |
The annual payment is calculated on the commencement day of the income stream and on 1 July each year. The annual payment made under the income stream for a financial year [2] must be at least 90% and not more than 110% of the default annual payment worked out by the formula:
Default annual payment = Account balance / payment factor
For the purposes of the formula:
The payment factor used in calculating the annual payment depends on the remaining term of the income stream. The remaining term of the income stream is rounded using the following rules:
If | then |
the income stream commences or is fully commuted midway through the financial year | the annual payment under the income stream must be reduced on a pro-rata basis, however, the assessable income is the annualised amount |
the income stream is partly commuted midway through the financial year | the annual payment, and therefore the assessable income, does not change for that financial year |
the income stream commences in June | payments under the income stream need not commence until the following 1 July |
the amount worked out under the formula exceeds the income stream balance on that day | the amount payable for the period is the balance of the income stream |
the balance of the income stream at the end of the term is greater than $0 | the balance must be paid out within 28 days of the end of the term |
For the period commencing on 1 July 2008 and ending 30 June 2013, temporary relief measures were applied by the Government in response to the Global Financial Crisis to allow all account-based income stream recipients to elect to reduce their minimum annual payment to :
These temporary relief measures ceased to apply from 1 July 2013.
Temporary relief was again applied over the period 1 July 2019 to 30 June 2022 in response to the Coronavirus pandemic. Income stream recipients were able to elect to reduce their minimum annual payment to 50% of the required minimum payment for the periodcommencing 1 July 2019 to 30 June 2022.
The purchase price is the amount invested to purchase the income stream, less any allowable commutations. The income stream must have no residual capital value.
In order to be assessed as asset-test exempt, the income stream must be non-commutable except in limited circumstances. The benefit payable after the commutation cannot be greater than the benefit payable before the commutation. Commutation is allowed in the following circumstances:
For an income stream to be asset-test exempt, neither of the following can be used as security for borrowing:
The income stream continues to be asset-test exempt if the reversionary beneficiary was the partner of the primary beneficiary on the day of the primary beneficiary's death. In all other cases, the income stream ceases to be asset-test exempt on reversion. In any case, the income stream retains the same commencement day, gross payment, purchase price and relevant number as the original income stream.
Payments will be made to the reversionary beneficiary for the remainder of the contract term. To ensure that no income [2] is deferred, the reversionary benefit cannot be greater than the payment the account balance immediately before reversion.
Relevant number
Section 10.5.7 Life Expectancy Tables, Pension Valuation Factors and Payment Factors [16]
An income stream is an asset-test exempt income stream if it is purchased before 20 September 2007 and must be:
and:
Legislative reference:
Veterans' Entitlements Act 1986:
The commencement day in relation to an income stream [2] is the first day of the period to which the first income stream payment relates. This is usually one instalment period before the date of the first income payment.
The commencement day cannot occur prior to:
Legislative reference: subsection 5J(1) of the Veterans' Entitlements Act 1986.
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
Life expectancy is the length of time a person is expected to live and has the same meaning as 'life expectancy factor' under section 27H of the Income Tax Assessment Act 1936.
The residual capital value is the amount (if any) remaining at the end of an income stream's term, consisting of a portion of the initial capital invested in the income stream [2].
A commutation, in relation to an income stream [2], is the conversion of part or all of the future income stream payments into a lump sum. A commutation is similar to a withdrawal.
An income stream's relevant number is the length of time an income stream is paid for. It can be a fixed term or the life expectancy factor of the payee or reversionary beneficiary.
Financial year, in relation to a company, means:
Superannuation contributions surcharge has the meaning that it has in the Superannuation Contributions Tax (Assessment and Collection) Act 1997.
A person may apply to the Commission in writing to be allowed to commute the whole or part of an income stream because of extreme financial hardship. According to s.5JA of the VEA, the Commission may determine an amount as allowable commutation if these conditions are satisfied:
According to section 5H of the VEA [21] income is:
VEA [47]
A defined benefit income stream [2] is an income stream that:
All of the following conditions must be met for a defined benefit income stream to be asset-test exempt:
Although the term of a defined benefit income stream is for the life of the beneficiary, the relevant number [2] is either the:
When determining the relevant number the actual life expectancy factors are used (ie there is no rounding).
Defined benefit income streams continue to be asset-test exempt on reversion to a reversionary beneficiary. On reversion, the gross payment, deductible amount [2] and the deductible amount calculation method may change.
A defined benefit income stream is an income stream [2] where the payments are not fully determined by a purchase price [2]. Instead, payments are made with reference to a set formula based on:
A superannuation fund is defined in the VEA as being:
The purchase price of an income stream is the nominal sum of the paymetns made to purchase the income stream (including amounts paid by way of employer and employee contributions) less any commuted amounts.
Note: In determining the means test assessment of asset-tested income streams (lifetime), the purchase price is not used. Rather, the grossed up purchase amount.
Legislation: Section 5J(1) [3]of the VEA [3]
A superannuation pension is a periodical payment received by a retiree from superannuation fund. During a person's working life, an individual may make regular contributions to superannuation fund in order to secure financial security after retirement. After retirement the superannuation may be collected as a:
One element of the means test for income support pensions whereby the rate of pension payable to a pensioner reduces progressively as their assets increase above a certain threshold known as the assets value limit (AVL). [50]
An income stream's relevant number is the length of time an income stream is paid for. It can be a fixed term or the life expectancy factor of the payee or reversionary beneficiary.
Life expectancy is the length of time a person is expected to live and has the same meaning as 'life expectancy factor' under section 27H of the Income Tax Assessment Act 1936.
According to section 5J of the VEA [3], a deductible amount, in relation to an income stream, means the sum of the amounts that are the tax free component [2], worked out under the tax law, of the payments received from the DBIS [2].
VEA [52]
An asset-tested income stream (long term) [2] is an income stream [2] that:
An asset-tested income stream (long term) is an income stream wher ethe specified term of the contract is:
If the income stream was purchased before 20 September 2007 and doesn not meet all the characteristics of an asset-test exempt income stream, it is an asset-tested income stream (long term).
Income streams that are paid for the life of the owner and were purchased on or after 1 July 2019 are classified as asset-tested income streams (lifetime).
The term of an asset-tested income stream (long term) is also known as its relevant number [2]. For an asset-tested income stream (long term) paid for a fixed term, the relevant number is the fixed term that the income stream is payable for as specified in the contract. For asset-tested income streams (long term) paid for life and for all allocated income streams, the relevant number is either:
When determining the relevant number, the actual life expectancy factors are used (that is, there is no rounding). If there is a guaranteed period [2], the relevant number will be based on the life expectancy, not the guaranteed period.
An account-based income stream, also known as an allocated pension or transition to retirement pension, is an asset-tested (long term deemed) income stream and is treated as a financial asset and deemed if either:
Under grandfathering provisions, an account-based income stream is not an asset-tested (long term deemed) income stream, and will continue to be assessed as an asset-tested (long term) income stream, if it:
Under grandfathering provisions, an account-based income stream is not an asset-tested (long term deemed) income stream, and will continue to be assessed as an asset-tested (long term) income stream, if it:
An asset-tested lifetime income stream is an income stream that:
More: 10.5.2 Asset-tested Income Streams - Lifetime and 10.5.4 Income and Assets Assessment of Income Streams.
VEA: section 5JE.
An income stream is classified as an asset tested income stream (short term) [2], when the term is five years or less and it is not an:
Most income streams purchased on or after 20 September 2007 are asset-tested income streams. There are some exceptions for income streams purchased from the commutation of an asset-test exempt income stream, if certain conditions are met.
More [56]
Relevant number
Section 10.5.7 Life Expectancy Tables, Pension Valuation Factors and Payment Factors [16]
More ? (go back) [59]
An income stream is an asset-tested long term income stream if it is:
Note: income streams that pay for the life of an individual or individuals, purchased or acquired on or after 1 July 2019, are assessed as asset-tested lifetime income streams.
Legislative reference: subsection 5J(1) Veterans' Entitlements Act 1986
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
An income stream is an asset-test exempt income stream if it is purchased before 20 September 2007 and must be:
and:
Legislative reference:
Veterans' Entitlements Act 1986:
Life expectancy is the length of time a person is expected to live and has the same meaning as 'life expectancy factor' under section 27H of the Income Tax Assessment Act 1936.
An income stream's relevant number is the length of time an income stream is paid for. It can be a fixed term or the life expectancy factor of the payee or reversionary beneficiary.
A guaranteed period ensures that the pension payments will continue to the estate should the owner and the reversionary beneficiary die during the guaranteed period.
An income stream is an asset-tested short term income stream if the term of the income stream is five years or less and it is not any of the following:
Legislation: subsection 5J(1) Veterans' Entitlements Act 1986
Asset-tested income stream (lifetime)
Asset-tested income streams (lifetime) are income streams where:
Note: lifetime income streams purchased before 1 July 2019 are assessed as asset‑tested income streams (long term) or could be asset-test exempt if purchased before 20 September 2007.
The table below gives an overview of the assets and income test treatment of different types of asset-tested income streams (lifetime). A full outline can be found at 10.5.4 Means Test Assessment of Asset-Tested Income Streams (lifetime).
Type | Assets test | Income test |
---|---|---|
Purchased with superannuation monies | BEFORE the assessment day, ON OR AFTER the assessment day, and UP TO AND INCLUDING the threshold day, AFTER the threshold day, Asset value may be higher if the income stream has a high surrender value or death benefit. | BEFORE the assessment day, there is no assessable income. ON OR AFTER the assessment day, |
Purchased with non-superannuation monies | BEFORE the assessment day ON OR AFTER the assessment day, and UP TO AND INCLUDING the threshold day, AFTER the threshold day, Asset value may be higher if the income stream has a high surrender value or death benefit. | BEFORE the assessment day, the purchase amount is deemed using the deeming rates (see 9.5) ON OR AFTER the assessment day, |
VEA: section 5JE;
subsection 46YB Income – asset-tested income stream (lifetime);
section 52BAA Value of asset-tested income streams (lifetime) that are managed investments;
section 52BAB Value of asset-tested income streams (lifetime) that are not managed investments.
More: 10.5.4 Means Test Assessment of Asset-tested Income Streams (lifetime)
Last amended: 10 March 2011
VEA ? [62]
Any income stream [2], whether asset test exempt or asset tested, may become a [glossary:Family Law Affected (FLA):] income stream [2]. An income stream becomes an FLA income stream when the primary beneficiary's former partner [2] becomes entitled to be paid some or all of the income stream under:
The deprivation rules do not apply to the disposal of the whole or a part of a superannuation interest pursuant to an order under Part VIIB or VIIIAA of the Family Law Act 1975.
Assessment of an FLA income stream depends on the type of income stream involved.
More ? [63]
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
According to subsection 5J(1) of the VEA [3], an income stream includes:
but does not include any of the following:
A person's 'partner' is someone who is a member of a couple with that person.
Links
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[5] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn616
[6] https://clik.dva.gov.au/service-eligibility-assistant-updates/all-determinations-order-date-signed-oldest-most-recent/determinations-under-vea
[7] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn616
[8] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn617
[9] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn618
[10] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn619
[11] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn620
[12] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1053-general-provisions-assessing-income-streams/determining-what-proportion-asset-test-exempt-income-stream-exempt
[13] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn617
[14] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1055-special-provisions-regarding-self-managed-superannuation-funds-and-small-apra-funds/additional-documentation-required-self-managed-superannuation-funds-and
[15] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn618
[16] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1057-life-expectancy-tables-pension-valuation-factors-and-payment-factors
[17] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn619
[18] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1055-special-provisions-regarding-self-managed-superannuation-funds-and-small-apra-funds/assessment-where-fund-closes-or-financial-difficulty
[19] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn620
[20] http://www.comlaw.gov.au/Series/C2004A03268
[21] http://clik/health-procedure-library/health-information-and-management-notes-himn/vhc/072014-vhc-veterans-home-care
[22] https://clik.dva.gov.au/user/login?destination=node/16380%23comment-form
[23] https://clik.dva.gov.au/book/export/html/16426#tgt-VEA_ftn1
[24] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn622
[25] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn623
[26] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn624
[27] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn625
[28] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn626
[29] https://clik.dva.gov.au/book/export/html/16426#ref-VEA_ftn1
[30] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn622
[31] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn623
[32] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn624
[33] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn625
[34] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1052-description-income-streams/asset-tested-income-streams
[35] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn626
[36] https://clik.dva.gov.au/user/login?destination=node/16347%23comment-form
[37] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn627
[38] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn627
[39] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn628
[40] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn629
[41] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn630
[42] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn628
[43] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn629
[44] https://clik.dva.gov.au/legislation-library
[45] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn630
[46] https://clik.dva.gov.au/user/login?destination=node/16479%23comment-form
[47] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn631
[48] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn631
[49] http://clik.dva.gov.au/glossary/foreign-superannuation-fund
[50] http://clik.dva.gov.au/glossary/assets-value-limit-avl
[51] https://clik.dva.gov.au/user/login?destination=node/16363%23comment-form
[52] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn632
[53] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn632
[54] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn634
[55] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn635
[56] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn633
[57] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn634
[58] https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/95-deeming-provisions
[59] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn635
[60] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn633
[61] https://clik.dva.gov.au/user/login?destination=node/16431%23comment-form
[62] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn636
[63] https://clik.dva.gov.au/book/export/html/16426#tgt-cspol_part10_ftn637
[64] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn636
[65] https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1056-special-provisions-regarding-family-law-affected-income-streams
[66] https://clik.dva.gov.au/book/export/html/16426#ref-cspol_part10_ftn637