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Veteran pensions set to increase across Australia

Veteran pension payments will increase in March in line with the biannual indexation process.

Pension recipients including veterans, their partners, war widows and widowers across Australia will see the increase from 20 March 2016.

Due to pension rates calculating on a daily basis, the first pension paid after the indexation on payday 31 March 2016 will comprise both the old and new rates.

The new pension rates will be fully effective from payment date 14 April 2016.

The table below highlights the new fortnightly rates.

 

 

 

 

 

 

SERVICE PENSION

Old rate (fortnightly)

New rate

(fortnightly)

Increase

(fortnightly)

Single person

$867.00

$873.90

$6.90

Couples (each)

$653.50

$658.70

$5.20

Single person - transitional

$731.50

$737.20

$5.70

Couples (each) - transitional

$590.00

$594.60

$4.60

WAR WIDOWS

     

War widow(er)'s pension

$880.90

$887.90

$7.00

Income support supplement

$259.90

$262.00

$2.10

DISABILITY PENSION

     

T&PI (Special rate)

$1,330.90

$1341.50

$10.60

Intermediate rate

$903.50

$910.70

$7.20

EDA

$735.10

$741.00

$5.90

100 per cent

$473.10

$476.90

$3.80

10 per cent

$54.24

$54.62

$0.38

 

These are the maximum rates of payment and include any Energy Supplement payable.

Pensions are indexed twice a year in March and September. For a full list of pension rates, please visit www.dva.gov.au or call 133 254 or 1800 555 254 from regional Australia.

Topics:  australia brisbane pensions seniors seniors news veterans


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