Powered by MOMENTUM MEDIA
defence connect logo

Powered by MOMENTUMMEDIA

Powered by MOMENTUMMEDIA

Veterans’ pension set to increase

Veterans’ pension set to increase

The Department of Veterans’ Affairs has announced that veterans’ pension payments will increase this month.

The Department of Veterans’ Affairs has announced that veterans’ pension payments will increase this month.

The increases will be in line with the biannual indexation process.

Recipients, including veterans, their partners, war widows and widowers across Australia, will see the increase from 20 September 2019.

Due to the calculation of pension rates on a daily basis, the first pension paid after indexation on the 26 September will comprise a component of both the old and new rates.

The new rates will be fully effective from pension day 10 October 2019.

The table below highlights the new rates. 

SERVICE PENSION Old rate (fortnightly) New rate
(fortnightly)
Increase
(fortnightly)
Single person  $926.20  $933.40  $7.20
Couples (each)  $698.10  $703.50  $5.40
Single person – transitional  $775.50  $780.10  $4.60
Couples (each) – transitional  $625.70  $629.40  $3.70
WAR WIDOWS      
War widow(er)’s pension  $941.60  $949.10  $7.50
Income support supplement  $278.50  $280.80  $2.30
DISABILITY PENSION      
T&PI (Special rate)  $1,423.40  $1,434.70  $11.30
Intermediate rate  $966.50  $974.20  $7.70
EDA  $786.50  $792.80  $6.30
100 per cent  $506.10  $510.10  $4.00

For a full list of pension rates, click here.

You need to be a member to post comments. Become a member for free today!