Age Pension: March 2012 rates now available
The new Age Pension rates, taking effect from 20 March 2012 are set out in the tables below. Note that ‘pf’ stands for ‘per fortnight’. The Age Pension rates are adjusted twice-yearly – in March and September.
Age Pension: Assets test thresholds increase up to 3 times a year
Q: Do you know how frequently the values in the Age Pension assets test are increased by the government? A: The lower threshold, that is, the asset limit that entitles an individual to a full Age Pension, is normally adjusted in line with the Consumer Price Index (measures inflation) on 1 July of each year.
Age Pension: Income test thresholds increase up to 3 times a year
Q: Do you know how frequently the the Age Pension income test thresholds are increased by the government?
