Hi Dino3I was talking to the ATO Superannuation area (Ph 131020)...

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    Hi Dino3

    I was talking to the ATO Superannuation area (Ph 131020) at about 9.00AM this morning

    The young lady I spoke to seemed somewhat unsure of herself but said she had seen circulars around her department which indicated the 50% reduction had been extended to the 2010/11 year but when I asked her where I could find it on the ATO website she referred me to the following

    "The government has announced changes that, if agreed to by parliament, will extend the reduction in the minimum payment amounts until 2010-11. We will publish updated guidance if these announced changes become law."

    When I pointed out that wording was not definite enough for me she put me onto Superannuation specialist(Michael)
    who confirmed that the extension has not as yet become law

    He commented that the government is now in caretaker mode and depending on who wins the election it may never become law

    I would be very interested to know the source of the email you received confirming that it has become law

 
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