1.1.C.230 Comparable foreign payment (CFP)
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:
- old age,
- widowhood, or
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
Last reviewed: 13 May 2013