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Pension Increase 2022

“BREAKING NEWS UPDATE”

PENSIONERS WILL SEE A 2.1% INCREASE TO THEIR PAYMENTS, THE LARGEST INCREASE SINCE 2013.

From March 20th 2022 the maximum full age pension increase is $20.10 per fortnight for a single person – the single age pension will rise to $987.60.

For a combined couple, the rise an increase of $15.10 per fortnight per person – the combined full age pension will rise to $1,488.80.

The age pension has increased in the March indexation along side the Disability Support Pension and Carer Payment in the biggest rise in almost a decade.

Have a great day and weekend.

Dennis Blake.

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