House of Representatives
Social Services and Other Legislation Amendment (Seniors Supplement Cessation) Bill 2014
Explanatory Memorandum
(Circulated by the authority of the Minister for Social Services, the Hon Kevin Andrews MP)Outline
This Bill will reintroduce the following measure, originally introduced as Schedule 1 to the Social Services and Other Legislation Amendment (2014 Budget Measures No. 1) Bill 2014:
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- from 20 September 2014, cease payment of the seniors supplement for holders of the Commonwealth Seniors Health Card or the Veterans' Affairs Gold Card.
Financial impact statement
The indicative financial impact of the measure over the forward estimates is a saving of $999.4 million.
Statement of Compatibility with Human Rights
The statement of compatibility with human rights appears at the end of this explanatory memorandum.