Payrise for pensioners

20 March 2013

The Gillard Government has delivered local pensioners another welcome boost to their household budgets.

Federal Members Sharon Bird and Stephen Jones welcomed the good news for more than 57,400 local pensioners in Cunningham and Throsby who will now be receiving an increase in their pension as well as the new Clean Energy Supplement.

Single pensioners on the maximum rate will now receive an extra $35.80 per fortnight, and pensioner couples on the maximum rate will receive an extra $54.00 per fortnight combined.

The increased total pension payment for people on the maximum rate is now:

• $808.40 a fortnight for singles, and
• $1,218.80 a fortnight for couples combined.

“This Labor Government has delivered the single biggest pension increase in more than 100 years, we’ve improved the indexation system, and now we’re providing another important boost with the new Clean Energy Supplement,” Sharon Bird said.

The new Clean Energy Supplement, which is part of the Household Assistance Package, will now be paid fortnightly along with the pension, at a rate of $13.50 per fortnight for singles and $20.40 a fortnight for couples combined.

Stephen Jones said that Labor’s pension reforms and the new Clean Energy Supplement meant the maximum rate of the single pension was now $207 a fortnight higher than it was in September 2009.

“In contrast, Tony Abbott and the Liberals have promised to claw back every cent of the support Labor is delivering pensioners under the Household Assistance Package.

“Tony Abbott will claw back more than $350 year from single pensioners and more than $530 a year from pensioner couples living in the Illawarra.

The pension increase applies to people receiving the Age Pension, the maximum rate Disability Pension, and Carer Payment, as well as veterans’ income support recipients.

Full details of all new rates and thresholds can be found at: http://www.fahcsia.gov.au/about-fahcsia/benefits-payments/indexation-rates-march-2013.

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