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Media releases

The Hon Darren Chester MP
Minister for Veterans' Affairs
Minister for Defence Personnel

Media release

Saturday, 20 March 2021

Veterans' pensions set to increase

VETERANS, their partners, war widows and widowers will benefit from an increase to their pensions in line with the biannual indexation process coming into effect today.

Pensions are indexed twice a year in March and September.

Those who need additional support should contact the Department of Veterans’ Affairs who can provide a range of financial supports and allowances for those experiencing hardship.

Due to the calculation of pension rates on a daily basis, the next fortnightly pension indexed on payday 25 March 2021 will comprise a component of both the old and new rates. The new pension rates will be fully effective from pension payday 8 April 2021.

The table below highlights the new fortnightly rates:

SERVICE PENSION Old rate (fortnightly) New rate (fortnightly) Increase (fortnightly)
Single person $944.30  $952.70  $8.40
Couples (each)  $711.80  $718.10  $6.30
Single person – transitional  $789.30  $796.30  $7.00
Couples (each) – transitional  $636.80  $642.40  $5.60
WAR WIDOWS      
War widow(er)’s pension  $960.40  $968.90  $8.50
Income support supplement  $284.20  $286.80  $2.60
DISABILITY PENSION      
T&PI (Special rate)  $1,451.80  $1,464.70  $12.90
Intermediate rate  $985.80  $994.60  $8.80
EDA  $802.30  $809.50  $7.20
100 per cent  $516.20  $520.80  $4.60
10 per cent  $58.55  $59.01  $0.46
VETERAN PAYMENT      
Single Person  $1,021.80  $1,031.10  $9.30
Couples (each)  $796.30  $803.50  $7.20

These are the maximum rates of payment and include any Energy Supplement payable. For a full list of pension rates, please visit the DVA Payment Rates page.

ENDS

Media contacts

Rachel Tharratt: 02 6277 7820
DVA Media: 02 6289 6466

Office of the Hon Darren Chester, Canberra ACT

Open Arms — Veterans and Families Counselling provides support for current and ex-serving ADF personnel and their families. Free and confidential help is available 24/7. Phone 1800 011 046 (international: +61 1800 011 046 or +61 8 8241 4546) or visit www.OpenArms.gov.au