1.1.C.230 Comparable foreign payment (CFP)

Usage

This definition applies to the following payments:

• age pension,
• widow allowance,
• wife pension,
• widow B pension,
• parenting payment,
• disability support pension,
• carer payment, and
• bereavement allowance.

Definition of CFP

A CFP is a payment similar to a social security pension available from any country. It is ANY payment from a country other than Australia which is paid periodically to provide income in respect of:

• retirement,
• old age,
• invalidity,
• disability,
• widowhood, or
• survivorship.

It also includes:

• payments made to a wife or carer, and
• company pensions or superannuation payments that are regulated through a country's national social security law.

War, service and restitution pensions and compensation payments from other countries are NOT CFPs.

Act reference: SSAct section 23(1)-'comparable foreign payment'

Policy reference: SS Guide 7.1 Conditions for Payment Outside Australia, 7.2 Arrangements for Payment Outside Australia

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Last reviewed: 13 May 2013