How are agreement pensions and benefits paid?
When You Live in Australia Australian pensions are paid by Centrelink. Payments are usually made into a person’s nominated bank account every two weeks. Spain pays its own pensions and benefits through the Instituto Nacional de Seguridad Social (INSS). People who get a pension from both countries, will get two separate payments – one from Australia and one from Spain. Temporarily Absent From Australia People who get an Australian pension, and travel to Spain, or another country, for less than 12 months, will continue to have their pension paid into their nominated bank account in Australia every two weeks subject to ongoing qualification. Permanently Absent From Australia People who get an Australian pension, and leave Australia permanently, or for more than 12 months, will be paid their pension by cheque every 4 weeks to their overseas address. Cheques paid to customers in Spain are in US dollars.
