Appendix IV (Continued)
1.
2.
3.
5.
6.
7.
In certain circumstances the residence condition may be fulfilled by 5 years continuous residence plus other periods of residence. Certain periods abroad may be treated as residence in Australia or as not interrupting residence in Australia.
Up to the age of 75, the pension rate may be reduced on account of means.
Welfare Pensions Insurance covering employees in establishments with 5 or more workers.
The average insured monthly wage for the purpose of the pensions calculation is increased by multiplying the actual insured monthly wages in past periods by factors related to the periods concerned.
Old-age Pension Benefit. Superannuation Benefit is payable at the same rate at 65 without a test of means.
A member prior to 18.6.62 who was then 50 years of age or more is entitled to benefit if he has paid a number of monthly contributions equivalent to the number of calendar months of coverage at age 60, provided that this is not less than 24.
A reduced pension is payable if the claimant worked for at least 5 years including 3 years immediately prior to the claim. This is proportionate to the years of work with a minimum of 25% of the full
pension.
8.
Minimum rates of 30 roubles per month, maximum of 120 roubles per month o
100% of earnings.
9.
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10.
11.
12.
A reduced pension is payable if there are at least one-third of monthly contributions since entry into insurance, provided that there are at least 36 contributions.
Subject to the conditions regarding the insurance recorded, a lump sum may be payable where the requirement of 36 monthly contributions is not satisfied. A lump sum may also be payable where the permanent disability is partial.
Partial invalidity pensions are at the rate of 45% of earnings up to 40 roubles, plus 10% of the
remainder. The minimum and maximum rates are 16 and 40 roubles respectively.
A rent supplement of up to $4 per week is payable to each widow pensioner. A funeral grant of up to $20 per week on death of a pensioner (or 340 if the recipient is a pensioner) is payable.
continued