Lower-income pensioners who claim pension credit will receive the money in addition to the £650 support for those on benefits.
This boost, announced in October's Federal Budget, will see the income cap lifted from $7,800 to $11,800 for eligible pensioners before their pension is reduced. Eligible pensioners will receive a one-off $4,000 boost to Work Bonus balances from 1 December, 2022.
However, on 2 September 2022 the Prime Minister announced that Age Pensioners will be able to earn an additional $4,000 in the 2022–23 financial year before it affects their pension.
Introduction. If you're a pensioner currently receiving support through Centrelink, you may be eligible for extra help with bills and medicine costs through the Pension Supplement. This supplement is a combined payment of Pharmaceutical Allowance, Utilities Allowance, GST Supplement and Telephone Allowance.
From 20 September 2022 the maximum full Age Pension increases $38.90 per fortnight for a single person, and $29.40 per person per fortnight for a couple.
Most people on a weekly social welfare payment will get a double payment in the week beginning 17 October 2022.
Budget October 2022-23
Eligible pensioners will get $4,000 credited to their Work Bonus balance from 1 December 2022. The maximum Work Bonus balance will increase from $7,800 to $11,800 until 30 June 2023. The Work Bonus concession of $300 per fortnight will remain unchanged.
Chancellor confirms triple-lock 10.1% increase in State Pensions from April 2023 - CSPA.
Means-tested benefits claimants, including those receiving Pension Credit, Universal Credit and tax credits, will receive £900 in 2023-24 to help with the rising cost of living.
You don't need to apply. The Cost of Living Payment is paid automatically. Payments will start from the end of April 2022. We'll send you a letter confirming your payment has been made.
When will I receive the repayment? Payment is scheduled for April 19, 2022 and will include repayment of GIS from July 2021 to June 2022.
The Bonus will be paid with your normal social welfare payment the week starting 5 December 2022. The Christmas Bonus is normally paid in one lump sum. However, if you are getting Illness Benefit, your Christmas Bonus may be paid over 2 weeks between Tuesday, 6 December 2022, and Friday, 23 December 2022.
Chancellor announces £300 fuel payment for pensioners and £400 energy discount for all households. Britons aged 65 and over are to be given an extra £300 winter fuel payment as part of the Chancellor's cost of living rescue package.
The overwhelming majority of pensioners will receive their payment automatically, but some people need to claim: If you have not got a Winter Fuel Payment before, you only need to claim if any of the following apply: you do not get benefits or the State Pension.
You can get up to $600 for each person you provide care for. You won't be eligible for Carer Supplement if you get Age Pension. But you will get Carer Supplement for each person you get Carer Allowance for.
April's increase will boost those on the full New State Pension from £185.15 per week to £203.85 and those on the Basic State Pension from £141.85 per week to £156.20.
Older people are giving a sigh of relief, as the Chancellor has pledged to restore the triple lock in 2023, which will see a 10.1 per cent increase on state pensions and pension credit next April.
MILLIONS on benefits including Universal Credit will receive a pay boost from April 2023. Benefits will rise in line with the consumer price index (CPI) level of inflation for September, which was 10.1%.
So today, automatically, there's an extra $4,000 credited. "It means that pensioners over the next 12 months will be able to do extra work without having their pension affected." The increased Work Bonus income bank will be in place until December 31, 2023 and is available to pensioners over the age pension age.
Anyone receiving the State Pension will get what's known as a Christmas bonus. The extra £10 cash is tax-free and usually paid just before Christmas.
About 1 million young people, carers and students will have their welfare payments boosted by up to $20 a week from January 1, 2023. The payments will by indexed by just over 6 per cent, it's been confirmed. WATCH THE VIDEO ABOVE: Major boosts for welfare payments.
Disability and illness payments
People getting Disability Allowance, Invalidity Pension or Blind Pension will get a once-off payment of €500 (November 2022).
How much is it? The Christmas bonus is a one-off tax-free £10 payment made before December 25, paid to people who get certain benefits in the qualifying week.
To get the $250 one-off Cost of Living Payment you must be a Centrelink or Department of Veterans'Affairs customer. You must have been residing in Australia on 29 March 2022 and either: you were able to claim, or were getting an eligible payment. you were able to get, or had an eligible concession card.
A one-off $250 Cost of Living Payment will be paid to eligible recipients from the end of April 2022.