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Australian Aged Pension

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7 minutes ago, Nemises said:

^ For example... an eligible aged person returns to Australia to live permanently. He does his “2 years home detention” and then applies for the aged pension. He has no assets, no super, no income. All he has is cash in his bank account. The question is: How far back will Centrelink scrutinise his bank account to make sure old mate hasn’t withdrawn a fortune of cash leading up to him making his application? 3 months? 3 years? Longer?? (Looking for a link, not guesses... thanksemoji120.png )

 

Centrelink does not have the power to spot check individual's bank accounts. However, it does utilise data-matching with other Government agencies to weed out cases of possible welfare fraud. For example, if you were to provide Centrelink with one set of figures and information, but the ATO with something different, this would be flagged by data-matching software. Centrelink has the power at this point to request details of your accounts from your bank.

If a discrepancy is flagged, the details of your accounts will be sent encrypted in an encrypted form to specialised staff, who will review them. Centrelink does not have the ability to remove funds from your account

 
How far they choose to go back at that stage has been discussed by an earlier post

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4 hours ago, Nemises said:

^ For example... an eligible aged person returns to Australia to live permanently. He does his “2 years home detention” and then applies for the aged pension. He has no assets, no super, no income. All he has is cash in his bank account. The question is: How far back will Centrelink scrutinise his bank account to make sure old mate hasn’t withdrawn a fortune of cash leading up to him making his application? 3 months? 3 years? Longer?? (Looking for a link, not guesses... thanksemoji120.png )

 

Quote.... "He does his “2 years home detention” and then applies for the aged pension."

 

I'm getting ready to do the same thing.

 

My understanding is the person lodges their application quickly / immediately they return to OZ, and Centrelink looks at all of the above fairly quickly (including any funds scrutiny etc,. and then without further delay approves or disapproves and advises the applicant.

 

As opposed to centrelink look at the bank stuff after the '2 years detention' has been completed.

 

Can other members please clarify this point, thanks. 

Edited by scorecard

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13 minutes ago, scorecard said:

Quote.... "He does his “2 years home detention” and then applies for the aged pension."

 

I'm getting ready to do the same thing.

 

My understanding is the person lodges their application quickly / immediately they return to OZ, and Centrelink looks at all of the above fairly quickly (including any funds scrutiny etc,. and then without further delay approves or disapproves and advises the applicant.

 

As opposed to centrelink look at the bank stuff after the '2 years detention' has been completed.

 

Can other members please clarify this point, thanks. 

It is my understanding that there is now several weeks delay in many instances in assessing the eligibility of applicants for benefits. I do not know long the delay is once relevant information is submitted.

https://www.humanservices.gov.au/individuals/services/centrelink/age-pension/how-claim

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OK, but:

 

1. Is the assessment to see if the applicant is above or below the assets threshold (including taking into account money in the bank) done after the 2 years re-establishment of a home in Australia is completed (meaning that there is no decision at all as to whether the application give or won't receive the OAP until after the 2 years re-establishment of a home is completed, or

 

- Is the assessment to see if the applicant is above or below the assets threshold (including taking into account money in the bank) done in the initial assessment of the claim (possibly a few weeks) and then the applicant is advised whether they have or not been approved for the OAP.      And if approved pension payments start at the next scheduled national OAP payday (not after the 2 years 'detention' has been completed).  

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1 hour ago, scorecard said:

OK, but:

 

1. Is the assessment to see if the applicant is above or below the assets threshold (including taking into account money in the bank) done after the 2 years re-establishment of a home in Australia is completed (meaning that there is no decision at all as to whether the application give or won't receive the OAP until after the 2 years re-establishment of a home is completed, or

 

- Is the assessment to see if the applicant is above or below the assets threshold (including taking into account money in the bank) done in the initial assessment of the claim (possibly a few weeks) and then the applicant is advised whether they have or not been approved for the OAP.      And if approved pension payments start at the next scheduled national OAP payday (not after the 2 years 'detention' has been completed).  

 

Further, is it not true that the decision: yes, no, or what % pension where the person's assets are over the threshold comes fairly quickly and then payments start quickly (how long that initial decision takes seems to range from a few week to a few months).

 

The 2 years factor is a separate issue specifically related to a 2 years requirement to re-establishment of residency (whilst receiving payments) to gain global portability of the payments  (receive pension payments abroad forever and with no further residency requirements).  

 

Is this correct or am I totally confused? 

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8 minutes ago, scorecard said:

Is this correct or am I totally confused? 

Correct. Last I read (which was a while back) they where pretty slow, from memory averaging 2-3 months. Guess that's why you can apply 13 weeks before the eligible date (not much help in your case though 😁).

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7 hours ago, Salerno said:

Correct. Last I read (which was a while back) they where pretty slow, from memory averaging 2-3 months. Guess that's why you can apply 13 weeks before the eligible date (not much help in your case though 😁).

Ok but it's my understanding that when the OAP is approved (if approved) payment is backdated to the date of lodging the application forms. IS that true?

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28 minutes ago, scorecard said:

Ok but it's my understanding that when the OAP is approved (if approved) payment is backdated to the date of lodging the application forms. IS that true?

It is backdated to date of lodgement if you are deemed eligible from that date.

i would suggest you contact Centrelink with a succinct brief document outlining your questions, and get the information first hand. 

Outline your current circumstances and assets

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19 hours ago, Nemises said:

^ For example... an eligible aged person returns to Australia to live permanently. He does his “2 years home detention” and then applies for the aged pension. He has no assets, no super, no income. All he has is cash in his bank account. The question is: How far back will Centrelink scrutinise his bank account to make sure old mate hasn’t withdrawn a fortune of cash leading up to him making his application? 3 months? 3 years? Longer?? (Looking for a link, not guesses... thanksemoji120.png )

 

Related to this I'd say:

https://www.humanservices.gov.au/individuals/topics/gifting/27276

Quote

Any gifts you made in the past 5 years may count in your assets and income tests

 

All the CL bullsh1t going on now with drug testing, cashless payments and 'robodebt' cutting off people's welfare on hint of cheating, I doubt they take your word for anything on your application form - that might be why it is taking longer to gain approval.  Three months worth of statements sounds a bit ... optimistic. 

 

Googled robodebt and came up with this link - it mentions seven years: https://www.notmydebt.com.au/the-issue  

 

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^ Fantastic moojar. Exactly what I was looking for! 5 years is clearly the answer - as quoted by the Oz Gov in your link and your excerpt.

I also thought that only 3 months worth of statements was way off the mark.

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