March 11, 2020 
90 Comments 
In accordance with indexation, Age Pension payment rates will increase as of 20 March 2020, but today, we can help you find out if you’ll receive more money as a result.
From 20 March 2020, the following fortnightly pension payment rates apply:
Maximum fortnightly Age Pension payment rates
| Previous | Current | Increase | ||
| Single | Base | $850.40 | $860.60 | $10.20 |
| Supplement | $68.90 | $69.60 | $0.70 | |
| Energy Supplement | $14.10 | $14.10 | — | |
| Total | $933.40 | $944.30 | $10.90 | |
| Couple (each) | Base | $641.00 | $648.70 | $7.70 |
| Supplement | $51.90 | $52.50 | $0.60 | |
| Energy Supplement | $10.60 | $10.60 | — | |
| Total | $703.50 | $711.80 | $8.30 |
The Pension Supplement is paid as part of certain regular fortnightly income support payments to help eligible recipients meet the costs of daily household and living expenses.
Pension Supplement* basic amount
| Previous | Current | Increase | |
| Single | $23.90 | $24.20 | $0.30 |
| Couple separated | $23.90 | $24.20 | $0.30 |
| Couple (each) | $19.70 | $19.90 | $0.20 |
Pension Supplement# minimum amount
| Previous | Current | Increase | |
| Single | $37.00 | $37.40 | $0.40 |
| Couple separated | $37.00 | $37.40 | $0.40 |
| Couple (each) | $27.90 | $28.20 | $0.30 |
* Pension Supplement basic is for those receiving a pension while overseas
# Pension Supplement minimum is for those paid a pension under the transitional rules
Planning your finances in retirement will help you decide whether you can support your ideal retirement lifestyle with or without the help of the Age Pension.
And, if you’ve just missed out on a part Age Pension due to your income or assets, indexed thresholds may mean you now qualify, so what are the new rates?
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Wow. $10.90. Now I can afford one packet of toilet paper every fortnight – if I can find one.
This government is entirely clueless.
Better than those stuck on Newstart (soon to be called Jobseeker payment), they only got $6 per fortnight.
Use both sides of the toilet paper – that way a roll will last twice as long.
10 bucks will get you 20 rolls from coles express so if you’re using that much a fortnight, you’ve got a problem
Not at the moment, it won’t Skiing. Coles Express don’t have any because of this ‘stupid’ panic buying, and they’re probably not going to get any more into store because of it.
Who gets the pension supplement?
I don’t. Should I & how do you get it?
Hasbeen – you get it automatically if you are on the age pension (living here in Oz). You might get it quarterly like me or it can now be included in your ordinary fortnightly pension, I still had a choice, now I do not know.
Just don’t spend it all at once. You don’t know what little problem is just around the corner.
You mean like dysentery? Pension rise gone!!!
When was the last time dysentery was diagnosed in Australia?
KSS…..dysentery DOES occur in Australia…..just google “Shigella” which is the organism causing it. I have nursed a number of children in my working years who had it.
Big deal as usual particularly when your spouse is below pensionable age but is being used to reduce the rate, i.e. half of the married rate.
Duty of care to look after the taxpayer’s money, James – oops – was that a sports scandal just flew past?
This one is a biggie that needs to be FIXED……ASAP…………….. It;s criminal
Wow. Scotty from Marketing and Freudo the Cruel come through YET AGAIN for the poor and downtrodden. One possible caveat though. I hear you only get the extra 10m bucks or so if you reside in an electorate Scotty & Co want to win or keep!
It will help me pay for my increase in health care insurance
Just paid ours this morning for another year, $5600. Another step towards getting the full age pension.
KB, agree. And as usual, my increase is well above the so-called ‘average’.
My health insurance has gone up $48 per year! Less than a dollar a week!
Yes it is more than the average 2.92% at 3.21% but even at these rates I could still pay the increase and have 2 cups of coffee a week with the pension increase – IF I was on the pension of course.
My extras insurance has reduced by 60 cents a fortnight. The utilising opf that knows no bounds.
My extras cover is going up by 50c per fortnight ($26 pa) 🙂
Wow I’m off to book me a cruise $3.35 a week ! Their generosity knows no bounds
Cheap cabins will be available on the diamond Princess right now.
If you are in welfare housing you rents will go up by that amount.
Yep, that’s how it was when I was a student nurse living in the Prince Henry’s Hospital in Melbourne nurse’s home in Grant Street next to the Victoria College of Arts, in 1968/9.
Don’t say things like 1968/9 it just made me feel bloody old…..
Big whoopy do, pension supplement up a huge 30 cents, can’t have the budget not balanced can they, what a joke this is.
If you cannot manage on the governments charity I suggest you move to a marginal L.N.P. Electorate, goodies will come before the next election
Considering that the pension is much better than those stuck on Newstart, I think they really need to get Newstart recipients out of poverty.
I was thinking it is all centrelink including dead people.