1.1.P.60 Pension PP (single) maximum basic amount
Definition
The pension parenting payment (PP) (single) maximum basic amount is used as a measure of whether a person is assessed to pay the fixed annual rate (1.1.F.10) of child support (1.1.C.60). A description of PP is available at SS Guide 1.2.4.10.
The pension PP (single) maximum basic amount is the sum of:
- maximum basic rate of PP (single) – the amount that would have been a person’s maximum basic rate under Module B of the Pension PP (Single) Rate Calculator if the person was receiving PP under the SSAct, and
- basic pension supplement (single) - the amount that would have been the person’s pension supplement under Module BA of the Pension PP (Single) Rate Calculator if the person was receiving PP under that Act.
This figure is calculated on an annual basis on 1 January.
Act reference: CSA Act section 65A Annual rate of child support …, section 65B Application for section 65A not to apply, section 155 Publication of figures
Policy reference: CS Guide 2.4.2 Formula tables & values, 2.4.11 Fixed Annual Rate, 2.4.13 Historical formula tables & values
SS Guide 1.2.4.10 Parenting payment (PP) - description, 5.1.8.10 Common pension rates