10.21.8.60 Exempt Payments - Agreement with Switzerland
Exempt payments
Article 20 provides that any income tested Swiss benefits, whether paid under the Agreement or independently, will be disregarded under the Australian income test for people residing in Switzerland or who move from Switzerland to a third country. Currently, the only Swiss benefit that is income tested is the supplementary benefit. Supplementary benefits are generally only available to old-age, survivors and disability pensioners who are permanent residents of Switzerland, but in some cases are payable regardless of pension entitlement. Supplementary benefits include a monthly benefit and the reimbursement of costs due to sickness and disability.
Act reference: SS(IntAgree)Act Schedule 20 Switzerland