Monthly Archives: April 2019

Pension Loan Scheme

April 17, 2019

What is it? The Pension Loan Scheme (PLS) is a voluntary reverse equity mortgage provided by Centrelink. This scheme offers older Australians an income stream in the form of a loan to supplement their retirement income. Who can currently get it? Currently part-pensioners and some self-funded retirees who own a property in Australia can access […]