1 March 2001
This measure will ensure the protection of people who may be affected by the termination of the Social Security Agreement with the United Kingdom (UK). People who migrated on or before 1 March 2000, the date written notice of termination of the Social Security Agreement with the UK was formally served, will be "protected".
The measure will allow these people to get early access to Australia's Age Pension, as happens now under the Agreement, even after the Agreement terminates on 1 March 2001. They will not be required to wait until they accrue 10 years Australian residence to qualify for Age Pension.
The Government announced in July 1999 that it intended terminating the Social Security Agreement with the UK. Notice of termination was served on the UK on 1 March 2000. The Agreement will terminate on 1 March 2001, twelve months after service of the written notice.
Under the termination provisions of the Agreement, people currently receiving payments under the Agreement or who have lodged claims and are entitled to payment before the Agreement terminates will continue to be paid.