Indexation delivers increase to pensions and other income support payments
More than 3.4 million Australians,including Veterans Affairs pensioners will receive an increase in their pensions and other income support payments and allowances from 20 March 2009.
Indexation will deliver an increase of $7.70 a fortnight in the maximum single pension and $6.40 in the maximum partnered rate for each member of a pensioner couple.
The single pension is rising in line with its benchmark of 25% of Male Total Average Weekly Earnings, with a proportional flow on to partnered pensions.
The maximum single pension rate will now be $569.80 and the maximum partnered pension rate will be $475.90 a fortnight for each member of a pensioner couple.
