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10.27.100 The Republic of North Macedonia glossary

Introduction

This section contains a list of terms used in and applicable to the Agreement with the Republic of North Macedonia.

Benefit

For Australia, benefit means Age. It includes any additional amount or increase in respect of, a person who qualifies for that additional amount. RA is also included for people in Australia, but is subject to portability restrictions under the SSAct.

For the Republic of North Macedonia, benefit means the old age, disability or survivor's pension.

Legislation

In relation to Australia, legislation means the laws which make up the social security legislation relating to Age. In Part II of the Agreement it applies to the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, and the Superannuation (Administration) Regulations.

Period of Australian Working Life Residence/Australian Working Life Residence

In relation to Australia this means a period of AWLR as defined in the SS(IntAgree)Act (i.e. the period of residence in Australia between the ages of 16 and reaching age pension age).

Period of Insurance

This means a period where a person in the Republic of North Macedonia has made contributions to the Macedonian social insurance scheme, or equivalent periods recognised as such under Macedonian legislation.

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