Index Pension and Pension Equivalent Payments by the Consumer Price Index

From 1 September 2017 all pension payments and pension equivalent payments will be indexed by the Consumer Price Index only, which will make indexation arrangements consistent across all social security payments.

This measure is subject to the passage of legislation.

Questions and answers

Who will be affected by this measure?

The proposal will impact recipients of Age Pension, Disability Support Pension, Carer Payment, Wife Pension, Widow B Pension and Bereavement Allowance.

Am I eligible for this measure?

This will automatically impact all affected payments.

When will this measure start and finish?

This measure will start on 1 September 2017 and be ongoing.

Page last updated: 16 March 2016

This information was printed Saturday 1 October 2016 from humanservices.gov.au/corporate/budget/budget-2014-15/budget-measures/older-australians/index-pension-and-pension-equivalent-payments-consumer-price-index It may not include all of the relevant information on this topic. Please consider any relevant site notices at humanservices.gov.au/siteinformation when using this material.