THE EXPLAINER – Will we lose our eligibility for health care card?

THE Commonwealth Seniors Health Care Card (CSHC) is of great value to us self-funded retirees. We have more than $1.6 million each in superannuation and are concerned that we will lose the grandfathering provisions when we are required to adjust our arrangements on June 30. Can you throw any light on this matter?

A Treasury spokesperson assures me that existing CSHC holders with current retirement income balances in an account based pension of more…

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