Australia Social Security Act 1991 (Age Pension: qualification, income test and assets test)
What is Australia Social Security Act 1991 (Age Pension: qualification, income test and assets test)?
The parts of Australia's Social Security Act 1991 that decide the age pension: qualification at pension age with ten years' qualifying residence, Pension Rate Calculator A, the ordinary income test with its free area and taper, the assets test with its value limits, deeming of financial assets and the work bonus. The rest of the Act is not modelled. It comprises 15 controls organised across 5 domains, and applies in Australia.
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