Veteran pensions biannual indexation – September rate rise

Veteran pension payments are about to increase in line with the biannual indexation process.

Minister for Veterans’ Affairs Darren Chester said that because of the calculation of pension rates on a daily basis, the first pension paid after the indexation, on payday 27 September 2018, would comprise a component of both the old and new rates.

“The new pension rates will be fully effective from pension payday 11 October 2018.”

 

New fortnightly rates:

SERVICE PENSION	Old rate (fortnightly)	New rate (fortnightly)	Increase (fortnightly)
Single person	$907.60	$916.30	$8.70
Couples (each)	$684.10	$690.70	$6.60
Single person – transitional	$762.00	$768.00	$6.00
Couples (each) – transitional	$614.80	$619.60	$4.80
WAR WIDOWS
War widow(er)’s pension	$922.50	$931.50	$9.00
Income support supplement	$272.60	$275.40	$2.80
DISABILITY PENSION
T&PI (Special rate)	$1,394.20	$1,408.00	$13.80
Intermediate rate	$946.60	$956.00	$9.40
EDA	$770.20	$777.90	$7.70
100 per cent	$495.70	$500.60	$4.90
10 per cent	$56.50	$56.99	$0.49

 

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 overview of pension types, entitlements and rates, visit www.dva.gov.au or call 133 254 or 1800 555 254 from regional Australia.

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