Social Security and Other Legislation Amendment (Pension Reform and Other 2009 Budget Measures) Act 2009 (60 of 2009)

Schedule 4   Pension supplements

Part 4   Other amendments

Social Security Act 1991

91   After subsection 1192(3A)

Insert:

(3B) The first indexation of amounts under items 1A and 1B of the CPI Indexation Table in subsection 1191(1) is to take place on 20 March 2010.

(3C) For the purposes of the first indexation of an amount under item 1C of the CPI Indexation Table in subsection 1191(1):

(a) that first indexation is to take place on 20 September 2009; and

(b) the current figure for the amount immediately before 20 September 2009 is taken to be the amount specified in the relevant item of the table in subsection 20A(5).