Pensioners are set to receive an increase in payments thanks to an announcement by the Federal Government.
Federal Member for Richmond Justine Elliot said, from September 20 this year single people receiving the maximum rate of age, disability and carer pensions, as well as veterans’ income support recipients, will receive an extra $19.50 a fortnight.
Pensioner couples combined on the maximum rate will receive an extra $29.60 a fortnight. Justine said local pensioners will be among 3.4 million across the country who will benefit from the increases.
Following these increases, total pension payments for people on the maximum rate, including the base rate and pension supplement, will be $748.80 a fortnight for singles, and $1129.00 a fortnight for couples combined.
