4.9 Income Streams

Introduction

This chapter contains information on the various income streams (1.1.I.70) which affect an income support recipient's payments and the assessment of income and assets. It includes tables of life expectancy (section 9(1)-'life expectancy'), tables of pension valuation factors (section 1120(3)-'pension valuation factor')  and payment factors (section 9BA(5)-'PF').

In this chapter

This chapter contains the following sections:

4.9.1 Overview of Income Streams

4.9.2 Asset-Test Exempt (ATE) Income Streams

4.9.3 Asset-Tested Income Streams

4.9.4 Self Managed Superannuation Funds (SMSFs) & Small APRA Superannuation Funds (SAFs)

4.9.5 Life Expectancy, Pension Valuation Factor & Payment Factor Tables

4.9.6 Assessment of Divorce Property Settlements

4.9.7 Social Security Treatment of Structured Settlements

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Last reviewed: 7 December 2009