| Basic Rates |
|
Single |
rate per fortnight (including supplement) |
$701.10 |
|
Couple |
rate per fortnight each (including supplement) |
$528.50 |
| Men aged 65 and over |
|
Women born between |
Eligible Age |
| Before 31 December 1945 |
Reached eligible age |
| 1 January 1946 and 30 June 1947 |
64 |
| 1 July 1947 and 31 December 1948 |
64.5 |
| 1 January 1949 and later |
65 |
|
Men and Women born on or after 1 July 1952: |
|
| 1 July 1952 and 31 December 1953 |
65.5 |
| 1 January 1954 and 30 June 1955 |
66 |
| 1 July 1955 and 31 December 1956 |
66.5 |
| 1 January 1957 and later |
67 |
| Family Situation |
Full pension (per fortnight) |
Part pension (per fortnight) |
| Single |
$181,750 |
$649,250 |
| Partnered (combined) |
$258,000 |
$963,000 |
| Illness separated couple (combined) |
$258,000 |
$1,193,000 |
| One partner eligible (combined) |
$258,000 |
$963,000 |
| Family Situation |
Full pension (per fortnight) |
Part pension (per fortnight) |
| Single |
$313,250 |
$780,750 |
| Partnered (combined) |
$389,500 |
$1094,500 |
| Illness separated couple (combined) |
$389,500 |
$1,324,500 |
| One partner eligible |
$389,500 |
$1,094,500 |
| Family Situation |
Full pension (per fortnight) |
Part pension (per fortnight) |
| Single |
$146.00 |
$1,548.20 |
| Single + 1 child |
$170.00 |
|
| Couple (combined) |
$256.00 |
$2,370.00 |
| Illness separated couple (combined) |
$248.00 |
$3,060.40 |
| Additional children add $24.60 per child |
|
|
The Pension Bonus Scheme is closed to new entrants who did not qualify for Age Pension before 20 September, 2009.
Existing memebers may remain in the scheme and continue to accrue entitlements if they or their member partner continue to work 960 hours per year.
Allows people who work and defer claiming Age Pension to earn a one off tax free lump sum bonus.
Must register before a bonus can be accrued. Earliest registration is the date when age and residence requirements are met.
Must work at least 960 hours of paid work each year for a minimum of 12 months from registration.
| Rate if maximum pension payable. |
| Years (Bonus Periods) |
Single |
Partnered (each) |
| 1 |
$1,623.10 |
$1,227.40 |
| 2 |
$6,492.20 |
$4,909.50 |
| 3 |
$14,607.50 |
$11,046.40 |
| 4 |
$25,969.00 |
$19,638.00 |
| 5 |
$40,576.50 |
$30,684.40 | |
