how can you lose any of your pension if your assets are below...

  1. 17,117 Posts.
    how can you lose any of your pension if your assets are below the limit
    and same thing if your income diminishes ?
    you can only lose some of the pension if your assets increase, or the income goes above the limits
    using your own money to subsidise your lifestyle income simply reduces your assets and income
    if one was on a part pension the answer would be different, only that they would then be entitled to a higher pension amount
    so if one was on a part pension the reduction in the asset is worth $1.50 extra pension, for every thousand reduced, under the asset test
 
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