Veteran pensions biannual indexation – September rate rise
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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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