effects on Oz pension Thai Marriage

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jackson
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Re: effects on Oz pension Thai Marriage

Postby jackson » April 21, 2017, 3:05 am

Not disregarding no' 1 to 4 . Regardless of any agreement in regards pension sharing with another country centre link will in fact send direct to your valid bank acc in any country

Remember , they have had for donkeys years had people that were, and still are, entitled to the pension live inalmost every country in the world. Not just Thailand.

Hope this helps.

But as mentioned all necessary criteria must be met first.



bluejets
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Re: effects on Oz pension Thai Marriage

Postby bluejets » April 21, 2017, 4:22 am

Don't know to what extent being married to a non-pension aged whether Thai or otherwise has on the amount of payment as there are many aspects to how this amount is calculated. What I do know is they are a bunch of money grabbers. Classic example of double dipping......... One must declare any income if still doing any paid work.....so must your partner/ wife. Amount paid depends on combined income amount.... Fair enough....now comes the double whammie..... If you spend your declared income on the nags, booze, gambling, whatever then no problem.....BUT, give a few bob away like my missus does to her mum ( as many do) then records must be kept and amounts going back 5 years must be declared and pension adjusted accordingly with a 5 year cut off of 30g's

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Re: effects on Oz pension Thai Marriage

Postby Fatone » April 21, 2017, 8:03 am

Sounds pretty right. They are very evasive about paying us to live overseas but I know of many Aussies living there on the OAP. They have been slowly changing the goalposts and making the commence age later the younger you are. Stupid really, with compulsory super introduced years ago the younger ones will not need full pensions.

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mr passout
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Re: effects on Oz pension Thai Marriage

Postby mr passout » April 21, 2017, 8:21 am


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wazza
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Re: effects on Oz pension Thai Marriage

Postby wazza » April 21, 2017, 11:31 am

Great topic,

I left Oz in 2002 and my KPMG accountant said then, if i dont plan to return soon, you wont qualify for a pension.

Goal Posts moved, yearly, even for the Super, was 55- now 60, ( minimum for annuity ) all they want to do it make the citizens work at 65.66.67 !!! WTF, then let them draw down on their super first.

I would need $50 K per year, to resettle at 65, as I have no assets, house , car etc, to recover how much from Centrelink, My investments would rule me out for the OAP, most likely. Might get a rebate for the bus trip into the city.

The age of entitlement is over, - Hockey. but canberra cvnts can get their super if they arent re -elected.

" with compulsory super introduced years ago the younger ones will not need full pensions." unless they are allowed to grab it now for a house. and the loose years of compounding benefits.

Plans afoot to discuss making your residence an asset under the OAP ,

We in Thailand are what they want. self funded retirees, with only duties required to service us , with a 10 year passport renewal, or issuing a letter to release our body from the local morgue to nominated NOK.

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rick
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Re: effects on Oz pension Thai Marriage

Postby rick » April 21, 2017, 8:48 pm

I did have a quick look to see if their was a chance i could get anything. but the government website is not very helpful. But as a UK citizen, there is no benefit agreement with Australia (every other European country, but not us ...) So unless i was going to live in Australia for 5 years, i can forget it entirely. And they probably wouldn't let me in anyway.

Only other government (other than British) who might owe me a pension is Libya - some how i doubt that will happen!

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Re: effects on Oz pension Thai Marriage

Postby bluejets » April 22, 2017, 5:40 am

I was waiting to see if there was any more word on the Aus government adopting the same arrangement as NZ have.

There was some discussion on it a couple of months back.

Nothing so far but one can be hopeful. Think I'll have to chase it up.

Arrangement there is, no matter what you do, what level of asset, you reach OAP age then you get the full pension.
Seems to work very well apparently given there is no need for centrelink intervention, saving them gazillions.

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Re: effects on Oz pension Thai Marriage

Postby Fatone » April 22, 2017, 7:22 am

Oz govt just decreased he assets you can have before they effect pensions. Only your home exempt, if you managed to save or invest wisely you are screwed.

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Re: effects on Oz pension Thai Marriage

Postby pipoz4444 » April 22, 2017, 3:59 pm

The Australian Government (AG) strategy of forced saving throughout ones work life and then making the individual use those savings at a slightly later stage in life (i.e. 67 - 70 years old) a the primary means of supporting him/herself, has been on the cards since the late 1990's to to my knowledge. I think it was then that the AG first started to insist that individuals keep their major Australian Superannuation Funds.

Since then, there have been a raft of changes/adjustments, for the worst to the normal individual, such as those for
Preservation Age.
Contribution Amounts.
Amount of Lumps Sum Benefit available at the end.
When and how the Benefit is to be paid out, after you retire.

Its like an Insurance Company, they know the average age that most of us will die and they are making sure that you don't get back what you or your employer put in over the years, so that they (the AG) have a windfall when we expire at an early or average age. Not to mention the obvious, that Superannuation replaces the Old Age Pension in its entirety, at some point in the future.

This is all for the masses but the Politicians have a separate set of rules with a separate Superannuation Scheme. If you read what they can get when they retire, for their limited time as a Politician, you will be sick. Its a Rort.

pipoz4444

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wazza
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Re: effects on Oz pension Thai Marriage

Postby wazza » April 22, 2017, 4:33 pm

This is all for the masses but the Politicians have a separate set of rules with a separate Superannuation Scheme. If you read what they can get when they retire, for their limited time as a Politician, you will be sick. Its a Rort.


Its why they dont have any credibility, and then the Pig in the Trough attitude to expenses and begrudgingly repaying expenses to Politicians Weddings , Choppers, buying on impulse a unit on the Gold Coast etc

Scumbags


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