Is it time to apply for the Age Pension?

On 1 February 2019, many people will turn 65 years and 6 months. Why is this important? For those people who turn 65 years and 6 months, it means they have reached age pension age.

Just over 70% of these people will be eligible for either a full age pension or a part age pension. The first step in the process is applying for the age pension – sounds simple doesn’t it?

A person’s age pension entitlement is based on, not only their age, but also on their personal situation, their income and assets.

Regardless of what we may think, the government is not aware of many aspects of your financial position. This means you need to complete an Application for Age Pension which consists of 25 pages and asks a total of 94 questions. In addition to this form, you also need to complete an ‘Income and Assets form (Form SA 369)’, which consists of 18 pages and 60 questions.

Depending on the answers you give to the questions asked on the Income and Assets form, you may have additional forms which you need to complete.

Sounds like a very long and exhausting process. The good news is that you do not have to wait until you turn 65 years and 6 months to apply for the age pension. You can lodge your claim 13 weeks before you turn the qualifying age, which means for those people who turn 65 years and 6 months on the 1 February 2019, you can lodge your application on the 2 November 2018.

Once you have completed the required forms, you can lodge the application in several ways:

  1. Online via your ‘myGov’ account. This needs to be linked to your Centrelink account which you need to set up with your Customer Reference Number (CRN).  If you have received payments from Centrelink previously you will have a CRN. If not you will need to apply to Centrelink for a CRN.  Centrelink will also need to confirm your identity before you set up your account.
  2. Via post to the Department of Human Services in Canberra. If you choose this method I would suggest photocopying all the documents you intend on posting and using registered mail to ensure you have a record of the application being sent.
  3. Lodge your application in person at your local Centrelink service centre.

To assist you in this entire process there is another form Ci006 ‘Information you need to know about your claim for Age Pension’, I also suggest a visit to the Department of Human Services website is a must – https://www.humanservices.gov.au/individuals/services/centrelink/age-pension

If this all appears a little daunting, talking to an expert and paying them for their assistance could be the best option.

 

Source:  Mark Teale | Centrepoint Alliance

Royal Commission – do we need another?

I have been in Vietnam for the last few weeks, and when I left the country the “Royal Commission into Misconduct in the Banking, Superannuation and Financial Services” was in its last days of public hearings. On my return home I have been greeted with the Royal Commissions’ interim report.

From my perspective, the more interesting news story was the Prime Ministers announcement of a “Royal Commission into Aged Care Quality and Safety”. At present, we do not know the exact terms of reference as these will be developed after public consultations, which will include residents and their families.

Based on the Prime Ministers announcement, we broadly expect the Royal Commission into Aged Care will look at:

• The quality of care provided to older Australians, and the extent of substandard care
• The challenge of providing care to Australians with disabilities living in residential aged care, particularly younger people with disabilities
• The challenge of supporting the increasing number of Australians suffering dementia and addressing their care needs as they age
• The future challenges and opportunities for delivering aged care services in the context of changing demographics, including in remote, rural and
regional Australia
• Any other matters that the Royal Commission considers necessary

We do not know at this stage who will preside over the Royal Commission however this job would normally be assigned to a judge.

What is the difference between a Royal Commission and a normal court of law?
There are several very important differences;

1. Royal Commissions are established by the Governor General on advice from the Government, whereas courts are standing institutions
2. Royal Commissions are not bound by the rules of evidence that the courts are. These rules encompass the legal principles that govern the proof of facts in a legal proceeding
3. For witnesses there is no difference – they may be examined and cross-examined by legal counsel
4. Royal Commissions can make recommendations but cannot determine a person’s guilt or negligence. Whereas a court does not make recommendations but will make a final determination of guilt and impose a penalty
5. Witnesses may be compelled to answer questions in a Royal Commission and a court, but can only claim privilege against self-incrimination in a court

These are not the full detailed outline of the legal differences between the two, that would take far too much time and certainly too much paper.

The important principle to remember is that the Royal Commission will look at a wide range of issues, depending on the terms of reference. The community, residents, their families and providers will all get a chance to present a submission outlining their concerns and vision of the future for the aged care industry.

If a person does have a concern or an issue with an aged care facility or provider right now, you should be talking to the Aged Care Complaints Commissioner who provides a free service for anyone to raise their concerns about the quality of care and service. They can be contacted on 1800 550 552.

 

Source: Mark Teale | Centrepoint Alliance