|
Indexation
will deliver Veteran and War Widow pensioners up to
an extra $14.10 a fortnight, Minister for Veterans’
Affairs Alan Griffin announced today. Some 365,000 veterans,
their partners and war widows will benefit. Minister
Griffin said pensions will increase from 20 March, paid
from pension day 26 March. “For
the first time, the Special Rate (TPI) Pension is more
than $1,000 a fortnight at $1,011.90,” Mr Griffin
said.
The increases
are based on a movement of 0.9 per cent in the Consumer
Price Index (CPI) and a top-up of $2.60 per fortnight
to bring the single Service Pension rate to 25 per cent
of Male Total Average Weekly Earnings (MTAWE). All disability
pensions are indexed by reference to both CPI and MTAWE.
This resulted in a 1.4 per cent increase.
|
Pension
|
Old
fortnightly rate
|
New
fortnightly rate
|
| Special
Rate (TPI) Pension/ MRCA Special Rate Disability
Pension |
$997.80 |
$1,011.90 |
| Extreme
Disablement Adjustment |
$550.70 |
$558.50 |
| 100
per cent General Rate of Disability Pension |
$354.50 |
$359.50 |
| Intermediate
Rate Disability Pension |
$677.00 |
$686.60 |
| Service
Pension – single |
$562.10 |
$569.80 |
Service
Pension – couples
|
$469.50
each. $939.00 couple |
$475.90
each. $951.80 couple |
| War
Widows/ers Pension |
$598.70 |
$607.00 |
| Income
Support Supplement |
$167.80 |
$170.20 |
|