Veterans unlikely to dine out on latest pension increase

Veteran’s Affairs Minister Dan Tehan today announced that veteran’s pension payments had increased in line with the biannual indexation process.

“Pension recipients including veterans, their partners, war widows and widowers, across Australia will be paid the increase from 20 March 2017,” Mr Tehan said.

“Due to the calculation of pension rates on a daily basis, the first pension paid after the indexation on payday 30 March 2017 will comprise both the old and new rates.

“The new pension rates will be fully effective from payment date 13 April 2017.”

 

The table below highlights the new fortnightly rates.

SERVICE PENSION	Old rate (fortnightly)	New rate (fortnightly)	Increase (fortnightly)
Single person	$877.10	$888.30	$11.20
Couples (each)	$661.20	$669.60	$8.40
Single person – transitional	$738.60	$748.00	$9.40
Couples (each) – transitional	$595.80	$603.40	$7.60
WAR WIDOWS
War widow(er)’s pension	$891.30	$902.80	$11.50
Income support supplement	$263.10	$266.60	$3.50
DISABILITY PENSION
T&PI (Special rate)	$1,346.90	$1,364.30	$17.40
Intermediate rate	$914.40	$926.20	11.80
EDA rate	$744.00	$753.60	$9.60
100 per cent rate	$478.80	$485.00	$6.20
10 per cent rate	$54.81	$55.43	$0.62

Pensions are indexed twice a year in March and September. For a full list of pension rates, visit the DVA website or call 133 254 or 1800 555 254 from regional Australia.

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