Pension Rise In March 2024. The amendments introduced a new scheme that increases pension payments to civil servants at a fixed rate of 2 per cent annually. Pensions are typically increased twice a year to reflect changes in pensioners' costs of living and wage.


Pension Rise In March 2024

Latest age pension rate changes (from 20 march 2024) from 20 march 2024 the maximum full age pension increases $19.60 per fortnight for a single person, and $14.70 per person per fortnight for a couple. Pensions are typically increased twice a year to reflect changes in pensioners’ costs of living and wage.

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