Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) For the purposes of this Division, a person's annual notional single pension rate is set out in the following table:
Annual notional single pension rate | ||
Item | In this case: | The person's annual notional single pension rate is: |
1 | The person: (a) is not permanently blind; and | the sum of the adjusted percentage of the person's maximum basic rate under point SCH6 - B1 and the person's pension supplement basic amount, worked out, in each case, as at the date of grant of the designated pension if it were assumed that the person were not a member of a couple at that date |
2 | The person: (a) is permanently blind; and | the sum of the person's maximum basic rate under point SCH6 - B1 and the person's pension supplement basic amount, ascertained as at the date of grant of the designated pension, if it were assumed that the person was not a member of a couple as at that date |
3 | The person: (a) is a war widow/war widower--pensioner; and (b) was a war widow/war widower--pensioner throughout so much of the overall qualifying period as occurred when the person was not a member of a couple | the person's annual pension rate worked out as at the date of grant of the designated pension |
4 | The person: (a) is a war widow/war widower--pensioner; but (b) was not a war widow/war widower--pensioner for some or all of the overall qualifying period occurring while the person was not a member of a couple | the apportioned single amount worked out under subsection (2) |
(2) For the purposes of this section, the apportioned single amount is:
where:
"period not a war widow or war widower" is the number of days in so much of the single part of overall qualifying period as occurred when the person was not a war widow/war widower--pensioner.
"single part of overall qualifying period" is the number of days in so much of the overall qualifying period as occurred when the person was not a member of a couple.
"provisional payment rate" is:
(a) if the person:
(i) has, during some or all of the single part of the person's overall qualifying period, deferred an age service pension or a partner service pension; and
(ii) the person is not permanently blind;
the sum of the adjusted percentage of the person's maximum basic rate under point SCH6 - B1 and the person's pension supplement basic amount worked out, in each case, as at the date of grant of the designated pension if it were assumed that the person were not a member of a couple at that date; or
(b) if the person:
(i) has, during some or all of the single part of the person's overall qualifying period, deferred an age service pension or a partner service pension; and
(ii) the person is permanently blind;
the sum of the person's maximum basic rate under point SCH6 - B1 and the person's pension supplement basic amount, worked out as at the date of grant of the designated pension if it were assumed that the person were not a member of a couple at that date; or
(c) if the person:
(i) has, during some or all of the single part of the person's overall qualifying period, deferred an age pension; and
(ii) is not permanently blind;
the sum of:
(iii) the adjusted percentage of the person's maximum basic rate under Table B in point 1064 - B1 of the Social Security Act 1991 ; and
(iv) the person's pension supplement basic amount;
worked out, in each case, as at the date of grant of the designated pension if it were assumed that the person were not a member of a couple at that date; or
(d) if the person:
(i) has, during some or all of the single part of the person's overall qualifying period, deferred an age pension; and
(ii) is permanently blind;
the sum of:
(iii) the maximum basic rate under Table B in point 1065 - B1 of the Social Security Act 1991 ; and
(iv) the person's pension supplement basic amount;
worked out, in each case, as at the date of grant of the designated pension if it were assumed that the person were not a member of a couple at that date.
"period a war widow or war widower" is the number of days in so much of the single part of overall qualifying period as occurred when the person was a war widow/war widower--pensioner.
"annual pension rate" is the person's annual pension rate, worked out as at the date of grant of the designated pension, in accordance with section 45UF.
Note: There may be circumstances where one or other of the bracketed parts of the formula will have a nil value.
(3) For the purposes of this section, a person's adjusted percentage is the percentage worked out using the following formula (for rounding up, see subsection (4)):
where:
"maximum basic rate" is the sum of the person's maximum basic rate under point SCH6 - B1 and the person's pension supplement basic amount, ascertained as at the date of grant of the designated pension.
(4) A percentage worked out under subsection (3) is to be calculated to 3 decimal places. However, if a percentage worked out under subsection (3) would, if it were calculated to 4 decimal places, end in a digit that is greater than 4, the percentage is to be increased by 0.001.