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SS Guide Contents Using the Guide What's New 1 Key Terms & Principles 2 Claim Verification 3 Qualification & Payability 4 Income & Assets 5 Payment Rates 6 Reviews, Debts & Payment Recovery 7 Portability & CFP 8 Administration Act Provisions 9 Visas, Entitlements & Assurances of Support 10 Australian Social Security Agreements 11 Income Management Acronym List Keyword Index Act Section Index Site Map

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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


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Last Edited: 08/04/2013 11:53:49 AM


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