Veteran pensions rates increase
More than 330,000 veterans, partners and war widows/widowers will receive increased pensions and income support payments from 20 March 2011, Minister for Veterans’ Affairs, Warren Snowdon announced.
“This Government is committed to the support for our veterans and their families, and I welcome this increase and the assistance it will provide to those who need it most.
“This increase sees single service pensioners receive an extra $13.20 a fortnight, since the last indexation in September.
“Couples on the service pension now receive an extra $19.80 a fortnight, bringing the combined pension to $1099.40,” Mr Snowdon said.
Veterans will begin to benefit from the increased pension rates from 20 March this year and veterans should be aware that their payments will change in coming weeks. The payment on the pension payday on 24 March 2011 will be a combination of the old rates and the new rates.
Therefore, the first full payment at the new rates will be on the pension payday 7 April 2011.
