10.23.100 Greek Glossary
Introduction
This section contains a list of terms used in and applicable to the Agreement with Greece.
- Benefit
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For Australia, benefit means Age. It includes any additional amount or increase in respect of a person who qualifies for that additional amount. This includes pension supplement and RA for people in Australia, but any additional amounts are subject to portability restrictions under the SSAct.
For Greece, benefit means the old age pension.
- Legislation
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In relation to Australia, legislation means the laws which make up the social security legislation relating to the age pension. 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
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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
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This means a period where a person in Greece has made contributions to the Greek social insurance scheme, or equivalent periods recognised as such under Greek legislation.