Inside Australia Rate - Agreement with Korea

Inside Australia rate

The rate of pension payable under the Agreement to people who are inside Australia is calculated according to

People paid the inside Australia rate under Article 17(4)(b) have their Korean old-age pension directly deducted from the maximum rate of Australian Age.

Temporary departure from Australia

People paid under the Agreement who reside in Australia, and temporarily travel outside Australia, will continue to have their rate calculated using the inside Australia rate for a period of up to 26 weeks. After 26 weeks, their rate will be calculated using the outside Australia rate in

Act reference: SS(IntAgree)Act Schedule 21 Republic of Korea

Policy reference: SS Guide Inside Australia Rate for Agreement Payments, Outside Australia Rate - Agreement with Korea

Last reviewed: 20 March 2015