Delivering for our Veterans: Defence Force Retirement Benefits Legislation Amendment (Fair Indexation) Bill 2014 introduced to the Parliament

Alex Hawke MP, Federal Member for Mitchell said the introduction of the Defence Force Retirement Benefits Legislation Amendment (Fair Indexation) Bill 2014 gives effect to the Government’s long standing commitment to the veterans living in Mitchell and across Australia.

“The Government promised to deliver fair indexation to Defence Forces Retirement Benefit (DFRB) and Defence Force Retirement and Death Benefit (DFRDB) scheme superannuants aged 55 and over from 1 July 2014.  This legislation delivers on our promise”,

“The Coalition promised fair indexation in 2010, and this commitment was restated before the last election. I was proud to sign the pledge committing to fair indexation and to present this to Col. Don Tait OAM in recognition of my commitment to our local veterans. The introduction of this legislation means that military superannuants and their families will finally get the fair go they deserve”, Alex Hawke said.

From 1 July 2014, DFRB and DFRDB superannuants aged 55 and over will have their benefits indexed in line with age and service pension.  As promised, the fair indexation provisions will also extend to reversionary (widow) pensioners aged 55 and over. 

“By introducing this legislation, the Government is honouring the service of our military men and women. This Government has long recognised the unique nature of military service and the sacrifices military personnel and their families make on behalf of all Australians. Australia’s veterans have waited long enough for this reform.” 

 “I can assure local veterans that I will be supporting this legislation and am looking forward to honouring our local veterans in my speech to the Parliament on this Bill.” Alex Hawke concluded.