Every 6 months (March and September) the Age Pension is automatically adjusted in accordance with indexation. Of course the ‘age old’ question is which indexation factor is the one that should be applied. The ‘standard’ CPI or the CPI that best reflects pensioner costs? From 20 March 2016 the following Age Pension rates will apply Maximum pension payment rates Previous Current Increase Single Base $788.40 $794.80 $6.40 Supplement (1) $64.50 $65.00 $0.50 Energy Supp.(2) $14.10 $14.10 nill Total $867.00 $873.90 $6.90 Couple (each) Base $594.30 $599.10 $4.80 Supplement (1) $48.60 $49.00 $0.40 Energy Supp. (2) $10.60 $10.60 nill Total $653.50 $658.70 $5.20 So an age pensioner, ...
Your age pension concierge service for Centrelink. Case studies and observations on claiming and maintaining the Centrelink age pension in Australia. The objective of this blog is to inform and promote discussion. Information contained within is generic and does not constitute advice, and professional assistance is recommended before any action taken with Centrelink.