Pension increases September 2021
The Australian Newspaper has this morning announced the new pension rates for the September quarte
2 comments
2 comments
The Australian Newspaper has this morning announced the new pension rates for the September quarte
PlanB - What are you spending your $14.80 per fortnight on? I was going to meet a couple of friends and then remembered we're still in lock down, so it will have to wait.
YourLifeChoices is Australia’s most established and trusted digital publication for the 50+
audience, with a core focus on helping Australians navigate midlife and the retirement
landscape.
Since 2000, YourLifeChoices has been providing Australians with essential news, articles and
retirement resources – and membership is FREE!
From September 20, the maximum single age pension rate will rise by $14.80 to $967.50 a fortnight, while couples will receive an extra $22.40 combined. From September 20, the maximum single age pension rate will rise by $14.80 to $967.50 a fortnight, while couples will receive an extra $22.40 combined.
The boost will take the annual pension paid to a single to $25,155 and $37,923 for a couple.
There are currently around 2.58 million Australians on the age pension, according to government figures.
756,000 people are on a disability support pension and 977,500 are receiving JobSeeker payments.