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Government > Pension > Pension Bonus

Pension Bonus

The Pension Bonus Scheme was replaced by the Work Bonus from 20 September 2009. Under the Work Bonus, only half of the first $500 of gross employment income is to be counted in assessing the pension rate. This means that up to $250 per fortnight can be disregarded.

Centrelink customers do not need to apply for the Work Bonus. They need only advise Centrelink of gross employment earnings.

Further information about the Work Bonus is available at www.centrelink.gov.au under Secure and Sustainable Pensions or by phoning 13 2300

Pension increases

Pension increases

From 20 September 2011 pension rates will increase in line with CPI resulting in an increase of $19.50 for a single Age Pension.

How much will you get?

Income test limits for pensions

Income test limits for pensions

The CPI rise in pension payments is also reflected by an increase in the amount of income you can receive before you lose your pension completely.

Centrelink income tests

Utility bills are on the rise

Utility bills are on the rise

YOURLifeChoices shows how to reduce your power costs and make your life that little bit easier.

Reduce your power costs now

Increased asset test limits

Increased asset test limits

Asset limits have been reviewed and increased in line with recent CPI pension increases.

Centrelink asset test

Guide to Centrelink

Guide to Centrelink

YOURLifeChoices answer your questions on the Age Pension, Starting retirement and using Centrelink Online Services.

Your Centrelink questions answered