Latest changes could raise your chances of getting an age pension

There’s good news for pensioners, with the announcement that the latest six-monthly pension increase will see many of them $20 a fortnight better off, effective from March 20. Furthermore, on Friday the government was floating the possibility of a one-off payment for pensioners to be announced in the federal budget next week - which wasn’t unexpected, given it’s an election year.

, which is up-to-date with the new numbers. You can also go to the Resources section of the website and download the latest pension charts, which may make it even clearer. People who are over the assets test and wish to get a part pension, often to get the pensioner concession card, could investigate one of the new lifetime income products such as Australian Retirement Trust’s QSuper Lifetime Pension, whereby only 60 per cent of the initial value is counted for the asset test.

In total, the couple would have a combined income of approximately $73,500. For comparison purposes, in the original scenario the couple would have received approximately $59,400 when drawing the minimum from an account-based pension.

NoelWhittaker 🤣🤣🤣🤣 who the fuck are these people who get editors jobs at these Costello rags. I bet they are the blokes refusing to pick up council “fuck Scomo” bins being given a crack at the big time.

NoelWhittaker Fuck yeah! What a payout! Should go someway to convincing Indue card is the shit! 🙄

NoelWhittaker It’s a CPI increase paid in arrears, no pensioner is better off its a catch up payment 6 months later.

NoelWhittaker auspol💩 LNPTheatre🎭Productions Look here ! Not over there !

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