The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.P.165 Pension year

Usage

This definition applies to social security pensions, social security benefits and family assistance payments and is used for assets testing provisions, only in relation to the disposal of assets prior to 1 July 2002.

Definition

Please refer to the definition of this term in the SSAct.

Act reference: SSAct section 23(1)-'social security pension', section 23(1)-'social security benefit', section 11(10) Pension year-disposal of assets, section 11(10AAA) No pension year to extend beyond 30 June 2002

Policy reference: SS Guide 4.1 Deprivation of income & assets

Last reviewed: 21 March 2022

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