You can’t register for the Pension Bonus Scheme anymore.
You can get the Pension Bonus if you:
- can get Age Pension
- registered before 1 July 2014
- haven’t got an income support payment, other than Carer Payment or Carer Service Pension, since qualifying for Age Pension, and
- pass the work test rules for at least 12 months from the date your membership started
The scheme allows members to keep working and accrue bonus periods. We count these towards one lump sum bonus when they stop working and claim Age Pension. You must claim the bonus at the same time you claim Age Pension.
The Department of Veterans’ Affairs (DVA) has its own Pension Bonus Scheme. If you’re a veteran, call 133 254 or freecall 1800 555 254.