6.1.2.70 Reviews - Superannuation

Summary

This topic explains review action associated with a change in an income support recipient's superannuation, and covers the timing of these reviews.

Timing of reviews

Reviews of superannuation occur when:

  • the income support recipient advises of a change in the investment balance, OR
  • an automatic or manual review is undertaken by Centrelink, OR
  • a bulk reassessment occurs.
    • Explanation: Bulk updates are carried out twice yearly, in March and September.

Policy reference: SS Guide 2.2.3 Verifying Financial Information, 4.8.2 Assessment of Superannuation Investments, 4.4.2 Deeming of Financial Investments, 6.1.1.20 Causes & Types of Income & Assets Reviews

Last reviewed: 1 July 2016