Veteran pensions set to increase

Published:

Veteran pension payments will increase in March in line with the biannual indexation process.

Pension recipients including veterans, their partners, war widows and widowers across Australia will see the increase from 20 March 2020.

Due to the calculation of pension rates on a daily basis, the first pension indexed on payday 26 March 2020 will comprise a component of both the old and new rates.

The new pension rates will be fully effective from pension payday 9 April 2020.

The table below highlights the new fortnightly rates.

SERVICE PENSION

Old rate (fortnightly)

New rate

(fortnightly)

Increase

(fortnightly)

Single person

 $933.40

$944.30

$10.90

Couples (each)

 $703.50

 $711.80

 $8.30

Single person – transitional

 $780.10

 $789.30

 $9.20

Couples (each) – transitional

 $629.40

 $636.80

 $7.40

WAR WIDOWS

War widow(er)'s pension

 $949.10

 $960.40

 $11.30

Income support supplement

 $280.80

 $284.20

 $3.40

DISABILITY PENSION

T&PI (Special rate)

 $1,434.70

 $1,451.80

 $17.10

Intermediate rate

 $974.20

 $985.80

 $11.60

EDA

 $792.80

 $802.30

 $9.50

100 per cent

 $510.10

 $516.20

 $6.10

10 per cent

 $57.94

 $58.55

 $0.61

VETERAN PAYMENT

Single Person

$1,009.80

 $1,021.80

 $12.00

Couples (each)

 $786.70

 $796.30

 $9.60

 

These are the maximum rates of payment and include any Energy Supplement payable.

Pensions are indexed twice a year in March and September. For a full list of pension rates, please visit www.dva.gov.au or call 133 254 or 1800 555 254 from regional Australia.

 
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