An important update for veterans who receive an invalidity pension

Please see the information below from ComSuper regarding a change to the treatment of military invalidity benefits as a result of Federal Court decisions.

Grateful if you could please distribute this information to any interested parties.  Please contact the dedicated team with any questions regarding this matter – [email protected] or by calling 1300 006 727.

 

An important update for veterans who receive an invalidity pension 

CSC WEBSITE UPDATED MONDAY 15 NOVEMBER  Tax-Changes-to-Invalidity-Pensions

CSC has made the decision to immediately start work on implementing a number of changes that will adjust or maintain fortnightly invalidity pension payments, with the aim of having these changes implemented by the next pension payment run on 18 November. At the start of September we alerted veteran customers that the planned changes to invalidity pensions were being delayed. At that time CSC was instructed to halt implementing the changes following a number of Federal Government politicians expressing their concern that some veterans would be receiving less ‘in-the-hand’ each fortnight.

To date CSC hasn’t received any formal direction or guidance in regard to a resolution. However, we are very aware of the stress and anxiety that this issue has caused many veterans and we know that our veteran customers want some certainty about their fortnightly income, especially leading into the holiday period.

What happens now and when will it happen?

A video and further information can be found on the CSC website here.