10.28.100 Czech Republic Glossary
Introduction
This section contains a list of terms used in and applicable to the Agreement with the Czech Republic.
- 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. RA is also included for people in Australia, but is subject to portability restrictions under the SSAct.
For the Czech Republic, benefit means the old age, disability or survivor's pension.
- Creditable Period
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This means a period of insurance where a person has made contributions to the Czech social insurance scheme, or equivalent periods recognised as such under Czech legislation.
- Legislation
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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
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This means a period of Australian working life residence 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).