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Balance Retirement & Aged Care Specialists

March 2023 – Changes to Centrelink and DVA Pensions

Posted on: April 6th, 2023 by Lachlan Hiam in News

Centrelink and the Department of Veterans Affairs (DVA) index their means tested pensions on the 20th March and 20th September each year. The changes to both Centrelink and DVA pensions are as follows:

Centrelink (Maximum Pension Entitlement)

SinglesCouplesIllness Separated Couple
Was ($ per fortnight)$1,026.50$773.80 each

$1,547.60 combined

$1,026.50 each

$2,053.00 combined

Now ($ per fortnight)$1,064.00$773.80 each

$1,604.00 combined

$1.064.00 each

$2,128.00 combined

Now (per annum)$27,664.00$20,852.00 each

$41,704.00 combined   

$27,664.00 each

$55,328.00 combined

 

DVA Service & Partner Service Pensions (Maximum Pension Entitlements)

SinglesCouplesIllness Separated Couple
Was ($ per fortnight)$1,026.50$773.80 each

$1,547.60 combined

$1,026.50 each

$2,053.00 combined

Now ($ per fortnight)$1,064.00$802.00 each

$1,604.00 combined

$1.064.00 each

$2,128.00 combined

Now (per annum)$27,664.00$20,852.00 each

$41.704.00 combined  

$27,664.00 each

$55,328.00 combined

 

DVA War Widows & Disability Pensions (Maximum Pension Entitlements)

War WidowsIncome Support
Supplement (ISS)
Total
Was ($ per fortnight)$1,044.30$309.60$1,353.90
Now ($ per fortnight)$1,082.50$321.10$1,403.60
Now (per annum)$36,493.60

 

TPI, Intermediate and EDA Pensions (Maximum Pension Entitlements)

TPIIntermediateEDA
Was ($ per fortnight)$1,578.70$1,072.10$872.70
Now ($ per fortnight)$1,676.20$1,111.30$904.60
Now (per annum)$43,581.20$28,893.80$23,519.60