Senate debates

Thursday, 18 September 2008

Questions without Notice

Superannuation Funds

2:00 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

The intersection of superannuation with the age pension, for example, comes about as a result of the means test, the assets and incomes test, of the pension. The value of non-pension assets is important to calculate and that does impact on the level of age pension paid to individuals if the value of their superannuation goes up or down when it is reassessed.

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