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Previous Ministers' releases and speeches - Senator The Hon. Michael Ronaldson

Minister for Veterans' Affairs
Minister Assisting the Prime Minister for the Centenary of ANZAC
Special Minister of State

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Friday, 21 March 2014
VA018

PENSION INCREASE FOR VETERAN COMMUNITY

More than 272,000 veterans, their partners, war widows and widowers across Australia received a pension increase yesterday, announced the Minister for Veterans’ Affairs Senator the Hon. Michael Ronaldson.

As pension rates are calculated on a daily basis, the next pension paid after the 20 March increase (on payday 3 April 2014) will be paid partly at the old rate and partly at the new rate. The first full payment at the new rates of pension will be payday 17 April 2014.

The table below highlights the key changes to fortnightly rates.

Pension Old Rate 1
(per fortnight)
New Rate 1
(per fortnight)
Increase
Service Pension—single $827.10 $842.80 $15.70
Service Pension—couples $1,246.80 couple
$623.40 each
$1,270.60 couple
$635.30 each
$23.80  
$11.90
War Widow(er)’s Pension $840.20 $856.20 $16.00
Income Support Supplement $247.60 $252.40 $4.80
Special Rate (TPI) of Disability Pension $1,269.00 $1,293.20 $24.20
Intermediate Rate of Disability Pension $861.30 $877.80 $16.50
Extreme Disablement Adjustment $700.70 $714.10 $13.40
100 per cent General Rate of Disability Pension $451.00 $459.60 $8.60

1 – These are the maximum rates of payment and include any clean energy supplement payable.

Pensions are indexed twice a year in March and September taking account of changes in the Consumer Price Index (CPI), the Pensioner and Beneficiary Living Cost Index (PBLCI) and Male Total Average Weekly Earnings (MTAWE).

A full list of pension rates are available on www.dva.gov.au or by calling 133 254 or
1800 555 254 from regional Australia.

Media inquiries:       
Department of Veterans’ Affairs Media: 02 6289 6203

 

Veterans and Veterans Families Counselling Service (VVCS) and Veterans Line can be reached 24 hours a day across Australia for crisis support and free and confidential counselling. Phone 1800 011 046

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