Schedule 4 Percentage Abatement of Pension Entitlement
Abatement by Single Percentage from Date Pension Payable
| Qualifying period (years) | ||||||
|---|---|---|---|---|---|---|
| Age pension brought into payment | 20 or more | 19 | 18 | 17 | 16 | 15 |
| Where the age or the qualifying period is not an exact number of years the percentage abatement shall be obtained by interpolating first for the required age and secondly for the required qualifying period. | ||||||
| 65 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 64 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0 |
| 63 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0 | 13.7 |
| 62 | 0.0 | 0.0 | 0.0 | 7.0 | 13.7 | 19.9 |
| 61 | 0.0 | 0.0 | 7.0 | 13.7 | 19.9 | 25.6 |
| 60 | 0.0 | 7.0 | 13.7 | 19.9 | 25.6 | 30.8 |
| 59 | 7.0 | 13.7 | 19.9 | 25.6 | 30.8 | 35.6 |
| 58 | 13.7 | 19.9 | 25.6 | 30.8 | 35.6 | 39.9 |
| 57 | 19.9 | 25.6 | 30.8 | 35.6 | 39.9 | 43.7 |
| 56 | 25.6 | 30.8 | 35.6 | 39.9 | 43.7 | 47.0 |
| 55 | 30.8 | 35.6 | 39.9 | 43.7 | 47.0 | 50.0 |
| 54 | 35.6 | 39.9 | 43.7 | 47.0 | 50.0 | 52.8 |
| 53 | 39.9 | 43.7 | 47.0 | 50.0 | 52.8 | 55.4 |
| 52 | 43.7 | 47.0 | 50.0 | 52.8 | 55.4 | 57.7 |
| 51 | 47.0 | 50.0 | 52.8 | 55.4 | 57.7 | 59.7 |
| 50 | 50.0 | 52.8 | 55.4 | 57.7 | 59.7 | 61.8 |