Lump sum payment breakdown

17th Oct 2010

With the much welcome news that the Government are to pay a pre-Christmas bonus to many on a pension, people are keen to know if they will be included amongst the recipients. For an indication of who will be entitled, read our lump sum payment breakdown.

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

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

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

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

Centrelink asset test

Guide to Centrelink

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

Your Centrelink questions answered