Maintain eligibility thresholds for Australian Government payments for three years - social security means test settings
From 1 July 2017 the indexation of some of the social security means test settings will be fixed for a period of three years.
Description of the measure
These settings are the pension income and assets test free areas for social security pension payments and equivalent Veterans’ Affairs pension payments.
Questions and answers
Who will be affected by this measure?
The measure will impact recipients of Age Pension, Disability Support Pension, Carer Payment, Wife Pension, Widow B Pension and Bereavement Allowance. The proposal also impacts equivalent Veterans’ Affairs pension payments.
Am I eligible for this measure?
This will automatically impact all affected payments.
When will this measure start and finish?
Indexation under this measure will be fixed from 1 July 2017 for three years.