1.1.A.60 Agreement pension

Definition

For the purposes of FA, an agreement pension is a pension that is paid and controlled under the provisions of an international social security agreement. An agreement pension is an example of a periodic payment for the purposes of calculating the rate of FTB Part A.

Act reference: SS(IntAgree)Act section 5 Scheduled international social security agreements

FAAct Schedule 1 clause 9 FTB child rate-recipient of other periodic payments

Policy reference: FA Guide 3.1.4.20 Standard Rate - FTB Part A Method 1

Last reviewed: 1 July 2020