Australian Politics Forum - Lotto Winner Loses Access To Pension

Bobby.

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Re: Lotto Winner Loses Access To Pension
Reply #135 - Dec 31^st, 2023 at 11:44am

MeisterEckhart wrote on Dec 31^st, 2023 at 11:41am:

Bobby. wrote on Dec 31^st, 2023 at 11:39am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

there is no part 79

the highest number is 62. Roll Eyes

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

https://www.servicesaustralia.gov.au/sites/default/files/2023-10/aus140-2310nz.p...

OK - a different form.

How many bloody forms are there?

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #136 - Dec 31^st, 2023 at 11:45am

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

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MeisterEckhart

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Re: Lotto Winner Loses Access To Pension
Reply #137 - Dec 31^st, 2023 at 11:49am

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

Good luck with that declaration.

A Russian caviar diet due to a medical issue?

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Jasin Gold Member Offline Posts: 56855 Gender:	Re: Lotto Winner Loses Access To Pension Reply #138 - Dec 31^st, 2023 at 11:51am I've just sent an anonymous letter to Centrelink declaring a Guitar Shop owner in Perth (not the other two) has heaps in Cash more than declared. I've printed out a photo of his post.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

MeisterEckhart

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Re: Lotto Winner Loses Access To Pension
Reply #139 - Dec 31^st, 2023 at 11:51am

Bobby. wrote on Dec 31^st, 2023 at 11:44am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:41am:

Bobby. wrote on Dec 31^st, 2023 at 11:39am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

there is no part 79

the highest number is 62. Roll Eyes

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

https://www.servicesaustralia.gov.au/sites/default/files/2023-10/aus140-2310nz.p...

OK - a different form.

How many bloody forms are there?

It pays to seek advice from a professional financial adviser.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #140 - Dec 31^st, 2023 at 11:52am

Bobby. wrote on Dec 31^st, 2023 at 11:44am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:41am:

Bobby. wrote on Dec 31^st, 2023 at 11:39am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

there is no part 79

the highest number is 62. Roll Eyes

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

https://www.servicesaustralia.gov.au/sites/default/files/2023-10/aus140-2310nz.p...

OK - a different form.

How many bloody forms are there?

Indeed.

That's the form my parents would have filled in decades ago to initially claim the pension, when they had no cash under the mattress.

The asset forms they need to fill in every now and then, once they are already receiving the pension, does not ask about cash.

Moreover, the initial form specifically says "Do NOT include cash you have for shopping and other day to day expenses."

My mother keeps about $40,000 - $50,000 cash on hand for shopping and other day to day expenses so, if she was applying for the pension today (and filling in that form), she wouldn't have to declare that money.

They tell her specifically NOT to.

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Lotto Winner Loses Access To Pension Reply #141 - Dec 31^st, 2023 at 11:52am Why do so many insist on highlighting their stupidity publicly over and over again?
Back to top	Our esteemed leader: I hope that bitch who was running their brothels for them gets raped with a cactus. IP Logged

Bobby.

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Re: Lotto Winner Loses Access To Pension
Reply #142 - Dec 31^st, 2023 at 11:53am

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

it says -

giving false or misleading information is a serious offence.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #143 - Dec 31^st, 2023 at 11:53am

MeisterEckhart wrote on Dec 31^st, 2023 at 11:49am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

Good luck with that declaration.

A Russian caviar diet due to a medical issue?

You aren't paying attention.

There would be no declaration - the form specifically says "Do NOT include cash you have for shopping and other day to day expenses".

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #144 - Dec 31^st, 2023 at 11:55am

Bobby. wrote on Dec 31^st, 2023 at 11:53am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

it says -

giving false or misleading information is a serious offence.

No information would be given, Bobby.

The form specifically says: "Do NOT include cash you have for shopping and other day to day expenses".

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GOP = Guardians Of Paedophiles

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MeisterEckhart

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Re: Lotto Winner Loses Access To Pension
Reply #145 - Dec 31^st, 2023 at 11:56am

greggerypeccary wrote on Dec 31^st, 2023 at 11:52am:

My mother keeps about $40,000 - $50,000 cash on hand for shopping and other day to day expenses so, if she was applying for the pension today (and filling in that form), she wouldn't have to declare that money.

They tell her specifically NOT to.

Now you're heading towards reality and what Centrelink determines is a reasonable amount of cash on hand for shopping and other day-to-day expenses.

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Bobby.

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Re: Lotto Winner Loses Access To Pension
Reply #146 - Dec 31^st, 2023 at 11:56am

greggerypeccary wrote on Dec 31^st, 2023 at 11:55am:

Bobby. wrote on Dec 31^st, 2023 at 11:53am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

it says -

giving false or misleading information is a serious offence.

No information would be given, Bobby.

The form specifically says: "Do NOT include cash you have for shopping and other day to day expenses".

OK - just make sure the $50 grand doesn't fall out of your pocket as you leave Centrelink. Grin

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #147 - Dec 31^st, 2023 at 11:58am

Bobby. wrote on Dec 31^st, 2023 at 11:56am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:55am:

Bobby. wrote on Dec 31^st, 2023 at 11:53am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:45am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:36am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:22am:

So, which section of the form was it again?

79 Do you (and/or your partner) have any cash holdings?

Include notes and coins you have in a safety deposit box, or
you are holding instead of putting it into a bank account, or
someone else is looking after for you.

Do NOT include cash you have for shopping and other day to
day expenses

I keep $50,000 cash on hand for shopping and other day to day expenses.

it says -

giving false or misleading information is a serious offence.

No information would be given, Bobby.

The form specifically says: "Do NOT include cash you have for shopping and other day to day expenses".

OK - just make sure the $50 grand doesn't fall out of your pocket as you leave Centrelink. Grin

Why would it matter?

It's what she uses for shopping and other day to day expenses.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #148 - Dec 31^st, 2023 at 11:59am

MeisterEckhart wrote on Dec 31^st, 2023 at 11:56am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:52am:

My mother keeps about $40,000 - $50,000 cash on hand for shopping and other day to day expenses so, if she was applying for the pension today (and filling in that form), she wouldn't have to declare that money.

They tell her specifically NOT to.

Now you're heading towards reality and what Centrelink determines is a reasonable amount of cash on hand for shopping and other day-to-day expenses.

And that amount is ... ???

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MeisterEckhart

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Re: Lotto Winner Loses Access To Pension
Reply #149 - Dec 31^st, 2023 at 12:01pm

greggerypeccary wrote on Dec 31^st, 2023 at 11:59am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:56am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:52am:

My mother keeps about $40,000 - $50,000 cash on hand for shopping and other day to day expenses so, if she was applying for the pension today (and filling in that form), she wouldn't have to declare that money.

They tell her specifically NOT to.

Now you're heading towards reality and what Centrelink determines is a reasonable amount of cash on hand for shopping and other day-to-day expenses.

And that amount is ... ???

Whatever Centrelink determines it is.

If they find out you have $50K and decide that is unreasonable, they could withhold your pension and leave it to you to explain.

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