Key facts
UNE unit code: FPL304
*You are viewing the 2024 version of this unit which may be subject to change in future.
- Trimester 1 - Online
- Trimester 2 - Online
- Yes
- No
- No
- 6
Unit information
Equity is a central tenet of the social security system. Policy makers attempt to achieve equity by using means testing to ensure those people most in need of assistance receive the benefits.
This unit provides you with an overview of the operation of Australia’s social security system, with emphasis on the Age Pension.
A working knowledge of the social security system will help you to future proof your career in financial advice, allowing you to assist clients in meeting their goals.
As Australia's baby boomers begin to retire, the problem of financing an ageing population is looming. In studying this unit, you will examine eligibility criteria for Age Pension payments and benefits, the Income Test and Assets Test, and taxation and superannuation implications for the Age Pension.
You will also consider alternative arrangements for aged-care services, together with the funding implications for both individuals and government.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
Teaching period | Mode/location |
---|---|
Trimester 1 | Online |
Trimester 2 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- determine the eligibility criteria for social security payments and services and compute what those payments would be;
- assess current eligibility for the Age Pension and the taxation implications under various client scenarios;
- integrate financial planning strategies suitable for various client scenarios ensuring access to the Age Pension is an available option;
- examine the demographic trends and public policy framework facing retirees in the later stages of retirement who need to access aged care services; and
- describe and calculate the range of fees and calculation methods for home care packages and residential aged care and the interrelationship between government and private funding.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Title | Must Complete | Weight | Offerings | Assessment Notes |
---|---|---|---|---|
Client Simulation and Advice | Yes | 60% | All offerings | Simulated client interview and written case study. No. Words: 2500 (equivalent) |
Online Assessment | Yes | 40% | All offerings | Online test comprises multiple choice questions that involve calculations; scenario-based analysis; and application of knowledge. No. Words: 1500 (equivalent) |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
A five-star experience
Five Stars,
18 Years in a Row
UNE is the only public uni in Australia awarded 18 straight years of five stars for Overall Experience
Good Universities Guide 2007-2024No.1 in NSW for
Student Experience
QILT (government-endorsed) ranks UNE as the top public NSW uni for Student Experience
QILT Student Experience SurveyFive Stars for
Teaching Quality
UNE rates among the top 20 per cent of universities in Australia for Teaching Quality
Good Universities Guide 2024Studying online
At UNE we know it takes more than just being online to be a great online university. It takes time and experience. We pioneered distance education for working adults back in the 1950s, so we’ve been doing this longer than any other Australian university.
We understand the challenges faced by busy adults studying at home. We know that a vital part of online study is your engagement with the learning community. Communication with your classmates, teaching staff and university support staff will enhance your study experience and ensure that your skills extend beyond the subject matter. UNE’s teaching staff are experts in their field which is why UNE consistently receives five stars from students for teaching quality, support and overall experience.*
*The Good Universities Guide
Stay connected
Register your interest and we'll keep you updated
Why study with us?
I'm grateful to UNE for the opportunities studying has given me, but above all, for making me realise I could actually do it, and giving me a sense of accomplishment.
What happens next?
Got any questions about a course you would like to study? Don’t hesitate to contact us, our Future Student team is standing by to help.
2024 applications are now open. The application process only takes 20 minutes to complete. Don’t delay, apply now!
Your start date is based on the study period you choose to apply for.