Worth a look, PM says of aged worker bonus

Tony Abbott says he wants to encourage people to stay in the workforce beyond retirement and wants to revive a Howard government pension benefits scheme.

Prime Minister Tony Abbott

Prime Minister Tony Abbott. (AAP)

The federal government might revive a scheme that encourages older Australians to stay in work.

Prime Minister Tony Abbott on Thursday said it was "certainly worth looking" at a scheme where people who work past their retirement age are paid a benefit through the pension system.

The pension bonus scheme, which has been closed to new applicants since July 2014, paid a lump sum of up to $49,000 to people who deferred claiming the age pension and stayed in paid work.


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Source: AAP


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