Hello Teik,
Ah, I had wondered about that possibility. So thanks for sharing that
example and providing the code. I just checked and indeed it appears that
the source for this dated "invalid pension" description is no other than
Australian Tax law and the Australian Office of Financial Management :
http://cdn.aofm.gov.au/uploads/sites/31/2014/02/171349_01HCTE_TFA_Tax_File_
Number.pdf
So it seems that the CBA is not to blame here.
Again I do not wish to turn this into a polemical issue, but I do find it
interesting that government terminology doesn't even line up between its
various administrative agencies. So its over 25 years now since the social
Security definitions were change, but evidently the financial regulation
arm has not caught up to that change yet. Again, I am writing this
tongue-in-cheek. I am just reading the audio book version of Dostoyevsky's
"the Brothers Karamazov", written in the 1880's, I believe, and I could not
help laugh to myself last night because One of the passages was a
discussion between the protagonist of the story, Alyosha, and the young
disabled girl who falls in love with him. She asks him, "How could you
love an invalid?". I won't relate the whole passage, but it was sort of
sobering that over 130 years later, that conversation still resounds.
Cheers,
Gisele
Gisele Mesnage
email: giselemesnage@xxxxxxxxxxx
phone: 02 9799 5388
_____
From: Teik Lim [mailto:teikhocklim@xxxxxxxxx] ;
Sent: Saturday, 26 August 2017 11:55 PM
To: Gisele Mesnage
Cc: Vip-l Mailing list; bca-l list; myagescare@xxxxxxxxxxxxx
Subject: Re: bca-l: "invalid pension"? CBA, that is so last century!
Gisele et sl
I have been trading on thr ASX and every time you buy new shares you sre
asked to complete s form likr the CBA one and the category of invalid
pension has to be entered to get an exemption Incidentally the code is
444444441 I think the whole financial sector thinks and operate in post
WW2 era. Someone need to tell then that they are archade and need
to.kerp up with modern times.
Teik Hock Lim;
On 25 Aug. 2017 12:50 pm, "'Gisele Mesnage' giselemesnage@xxxxxxxxxxx
[bca-l]" <bca-l-noreply@yahoogroups.
<mailto:bca-l-noreply@xxxxxxxxxxxxxxxxxx> com.au> wrote:
Hello all,
I am sharing this half-laughing, half shaking my head:
I just logged-on to the Netbank website to update my Tax File # status,
after receiving a reminder from the commonwealth Bank that I needed to do
this to avoid tax being taken from my account. I followed the prompts to
the combo box to select the type of exemption I had (for not having to
provide my TFN). Would you believe that the option for the DSP was called
"Invalid Pension"? Goodness, I don't think it has been called that since
circa 1991! Whoever at the CBA used this term should get a slap on the hand
and made to watch the documentary "Defiant lives", which includes a clip
discussing the demeaning connotation of this label! I am not a stickler
for PC, but that one really is so last century!
Cheers,
Gisele
Gisele Mesnage
email: giselemesnage@xxxxxxxxxxx
phone: 02 9799 5388
__._,_.___
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