Treasury Laws Amendment (Delivering an Efficient and Trusted Tax System) Act 2026 (58 of 2026)

Schedule 6   Pension supplement while overseas

Social Security Act 1991

31   After subclause 149(4) of Schedule 1A

Insert:

(4A) If subclause 147(3) or (4) is relevant to the person on a relevant day, the social security law applies in relation to the person's pension as if each reference in the table in subsection 20A(5) to $507 were a reference to:

(a) that reference as modified by paragraph (4)(a) of this clause on the relevant day; less

(b) the amount subtracted under step 3 of the method statement in subclause 147(3) or (4) (as the case may be) on the relevant day.

(4B) If subclause 147(3) or (4) is relevant to the person on a relevant day, the social security law applies in relation to the person's pension as if each reference in the table in subsection 20A(5) to $423.80 were a reference to:

(a) that reference as modified by paragraph (4)(b) of this clause on the relevant day; less

(b) the amount subtracted under step 3 of the method statement in subclause 147(3) or (4) (as the case may be) on the relevant day.