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dsp question (Read 1005 times)
Cliff Richard
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dsp question
Apr 23rd, 2011 at 6:35pm
 
im doing some research on it

ok about the dsp cut off

if you start earing additional income over the cut off does your pension get cut completely 50% or only for each dollar you earn over the cut off in your aditional income

if it was the former one that would be really retarded and obv nobody would ever want to work if that happens
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Cliff Richard
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Re: dsp question
Reply #1 - Apr 23rd, 2011 at 9:42pm
 
ok i take it nobody knows the answer to this

im running on the information provided on the centrelink website and i know nobody on the DSP so i cant ask them personally
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Prevailing
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Re: dsp question
Reply #2 - Apr 23rd, 2011 at 9:45pm
 
Cliff Richard wrote on Apr 23rd, 2011 at 9:42pm:
ok i take it nobody knows the answer to this

im running on the information provided on the centrelink website and i know nobody on the DSP so i cant ask them personally

People are on the DSP because they are not capable of working.

Prohibition does not work

... Cool
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Kat
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Re: dsp question
Reply #3 - Apr 24th, 2011 at 8:43am
 

I'm not on DSP, but I believe you can earn a certain amount
per fortnight (due to be increased in the budget) without
affecting the pension. Not sure what the exact figures are.

Once you earn more than this, your payments are reduced in
proportion to how much you earn. The pension payments
taper off gradually until the pension cuts out.

Unemployment 'benefit' has a similar sliding scale, except that
you are allowed to earn MUCH LESS before the payment reductions
kick in, and the taper rate is FAR more savage. So much so, that
it is often not worth taking up the work in the first place.

BOTH groups have been treated abominably by successive
Govts for far too long. This desperately needs to change, NOW.


NB: - This obviously applies to part-time work only.
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