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BANGKOK 23 July 2019 21:07
johnmcc6

Australian pension

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4 minutes ago, HAKAPALITA said:

The UK seems to be Handout Central. Then Norway.

First off good luck getting a visa for her and the kids to enter Australia let alone remain in Australia, or even a tourist visa these days.

You may have to lodge a hefty bond with immigration of about $20k each to make sure they leave at the end of the visa period.

You will also have to prove they can afford health care while in Australia, as no reciprocal agreement with Thailand.

 

 

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3 minutes ago, David Walden said:
  If you allow rubbish to be posted on this site I will tell you....if you like you can suspend me now for the 7th time if you like for me telling the truth about AAP matters...The asset level threshold is presently $465,500 as shown on the Centrelink web site.  It is clear your moderators who know nothing about the Australian Aged Pension (AAP)...if you want to know something ask me...I will not now be making any further contributions on this site on this subject.

The "family" home is not counted as an asset in the scheme of Centrelink assessment, but if you are deriving income from it , then that is counted.

Superannuation is also not counted as an asset.

 

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3 minutes ago, RJRS1301 said:

The "family" home is not counted as an asset in the scheme of Centrelink assessment, but if you are deriving income from it , then that is counted.

Superannuation is also not counted as an asset.

 

Superannuation (in the pension phase) is classed as a financial asset and is assessed in both the income and assets tests for the AAP.

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19 hours ago, David Walden said:

You will get the full married rate about $720/p/f if you have lived in Aus for 26+ years. 

If you have over 150K in a bank, married to a Thai and on a pension, you will get $644/p/f. You will not get a full pension of $720. That is incorrect. I know, because that is what I get paid.

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9 minutes ago, RJRS1301 said:

The "family" home is not counted as an asset in the scheme of Centrelink assessment, but if you are deriving income from it , then that is counted.

Superannuation is also not counted as an asset.

My very very last post...both of these comments are rubbish.  The family home is not counted as an asset but it significantly reduces your asset Threshold for a single of $465,500 to about $258,000.  The only thing which is not counted as an asset is the family home you live in.  Super is an asset like any other asset you have and the threshold is at 01/07/2018 is/was $465,500.  Any amount above this level the AAP reduces at $3 per $1000 of assets per fortnight and peters out at about $770.000 where you get nothing from Centrelink  Gaud stiffen the crows!!!.  I have put all this stuff on this site a hundred times.

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1 hour ago, David Walden said:

I know what I'm doing...thank you.

Do you? It's the equivalent of shouting, which is ill-mannered.

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37 minutes ago, RJRS1301 said:

IF Centrelink find you are living ina domestic relationship, you have to PROVE you are not a couple in the "defacto" relationship, deemed the same as a married relationship irrespective of gender of the domestic partner

How is Centrelink  going to establish this for a defacto couple in Thailand? A marriage in Thailand has a paper trail. There is absolutely no connection on paper between me and my GF.

For Centrelink to establish a defacto relationship, we have to be living under the same roof according to their rules. My GF has a house in a village near Chiang Rai. I rent a condo in Chiang Mai. Again, no connection.

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39 minutes ago, David Walden said:
 It is clear your moderators who know nothing about the Australian Aged Pension (AAP)...if you want to know something ask me...I will not now be making any further contributions on this site on this subject.

With respect, I was disappointed that "I will not now be making any further contributions on this site on this subject" was not true.

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2 hours ago, LosLobo said:

I just grabbed the following links randomly from Google.

They will help you understand deeming and the income/asset tests.

https://www.noelwhittaker.com.au/resources/calculators/deeming-calculator/

https://www.noelwhittaker.com.au/resources/calculators/age-pension-calculator/

Thanks for the links LosLobo, very informative and have to give credit to that cranky TVF member David Walden who is obviously very passionate about knowing his stuff, he is correct in stating that: The numbers for non-homeowners are $465,500.

 

I put that amount in one of the links (deeming) and it said I would make $8 a year so no skin off my nose there and if all was in order, i.e. I got divorced from the Mrs and only had $465,500 as a non homeowner, I would receive the full single pension with supplements about $900 plus bucks per f/n, sounds fair to me, just got to go and sit it out 2 years beforehand, apply and then catch the next flight out after all is approved.

 

Will have to get a divorce kit and complete it, lodge it and then get the Mrs to enter the country about 4 weeks after I have flown in, that or she stays low in Thailand for a little longer, but can't see that happening as we dig each others company and have kids.

 

Anyways got to start planning, thanks for everyone's input, including Cranky Dave's 🙂

 

 

 

 

 

 

Edited by 4MyEgo

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42 minutes ago, 4MyEgo said:

I just put in some different figures as a Couple Non-Homeowner and got these figures

 

300K - $690/p/f/n

500K - $690/p/f/n

800K - $382/p/f/n

1 Million - $82/p/f/n

 

Nothing to sneeze (be better if single) at if you are in the country at the time or like myself, got pensioned off

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46 minutes ago, 4MyEgo said:

Thanks for the links LosLobo, very informative and have to give credit to that cranky TVF member David Walden who is obviously very passionate about knowing his stuff, he is correct in stating that: The numbers for non-homeowners are $465,500.

 

I put that amount in one of the links (deeming) and it said I would make $8 a year so no skin off my nose there and if all was in order, i.e. I got divorced from the Mrs and only had $465,500 as a non homeowner, I would receive the full single pension with supplements about $900 plus bucks per f/n, sounds fair to me, just got to go and sit it out 2 years beforehand, apply and then catch the next flight out after all is approved.

 

Will have to get a divorce kit and complete it, lodge it and then get the Mrs to enter the country about 4 weeks after I have flown in, that or she stays low in Thailand for a little longer, but can't see that happening as we dig each others company and have kids.

 

Anyways got to start planning, thanks for everyone's input, including Cranky Dave's 🙂

 

 

 

 

 

 

I don't think you understand. If you have financial assets of $465k you will not get the full pension. 

 

David's statement about "The numbers for non-homeowners are $465,500" is incorrect.

 

 

 

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10 minutes ago, totally thaied up said:

I just put in some different figures as a Couple Non-Homeowner and got these figures

 

300K - $690/p/f/n

500K - $690/p/f/n

800K - $382/p/f/n

1 Million - $82/p/f/n

 

Nothing to sneeze (be better if single) at if you are in the country at the time or like myself, got pensioned off

That is each you realise, x 2 (each) per fortnight 🙂

 

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1 minute ago, LosLobo said:

I don't think you understand. If you have financial assets of $465k you will not get the full pension. 

 

David's statement about "The numbers for non-homeowners are $465,500" is incorrect.

 

 

 

Your right, "I don't understand"

 

Why are the sites saying the threshold for non homeowners is $465,000 then ?

 

Then you have the other one asking how much you make, naturally you put in $0 and it tells you what you are going to get.

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1 minute ago, 4MyEgo said:

Your right, "I don't understand"

 

Why are the sites saying the threshold for non homeowners is $465,000 then ?

 

Then you have the other one asking how much you make, naturally you put in $0 and it tells you what you are going to get.

Basically that $465k threshold is for the person who doesn't have many financial assets.

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2 minutes ago, LosLobo said:

Basically that $465k threshold is for the person who doesn't have many financial assets.

So a non homeowner who has $465,500 or less gets the full pension right ?

 

If you put single, no to homeowner and $0 as income and $465,500 in the 2nd site you provided me with earlier, it says you will receive $916.30p/f

Edited by 4MyEgo

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