Recent Pension Changes Summarised
Payment rates 20/9/2011
These Age Pension payment rates are effective from 20 September 2011.
An income and assets test will be used to work out how much you can get.
StatusPension rate per fortnightSingle$689.00*Couple$519.40* each
*These amounts exclude the Pension Supplement amount which is currently a maximum of $59.80 a fortnight for singles and $90.20 a fortnight for couples (combined).
- Customers in receipt of a pension on 19 September 2009 may be assessed under transitional arrangements and be eligible for different rates of payment.
- If you and your partner are separated because of illness, you may be paid at the single rate. Your combined income and assets will be used to work out your rates.
- You may receive the single rate of Age Pension if your partner is in prison or a psychiatric hospital.
- You may be eligible for the couple rate of Age Pension even if your partner is not receiving a pension, benefit or allowance.
- If you receive Age Pension you may qualify for other benefits.
Payment rates - effective 1 January 2011
posted Mar 3, 2011 8:04 PM by Athos Groyne [ updated Mar 3, 2011 8:13 PM ]
StatusPension rate per fortnightSingle$658.40*Couple$496.30* each
*These amounts exclude the Pension Supplement amount which is currently a maximum of $57.70 a fortnight for singles and $87.00 a fortnight for couples (combined).
- Customers in receipt of a pension on 19 September 2009 may be assessed under transitional arrangements and be eligible for different rates of payment.
- If you and your partner are separated because of illness, you may be paid at the single rate. Your combined income and assets will be used to work out your rates.
- You may receive the single rate of Age Pension if your partner is in prison or a psychiatric hospital.
- You may be eligible for the couple rate of Age Pension even if your partner is not receiving a pension, benefit or allowance.
- If you receive Age Pension you may qualify for other benefits.
