Pension increases start
THE Federal Government has increased fortnightly payments for pensioners and other people on income support.
Pension payments increased by $29.20 a fortnight for single people on the maximum rate and $44 a fortnight for couples combined on the maximum rate.
That will make the total payments $701.10 for singles and $1057 a fortnight for couples.
The increase was driven by wages growth in the six months to December 2009.
More than 350,000 veterans and war widows have also seen an indexed increase in their pensions.
The largest increase of $47 goes to the permanently incapacitated, whose pensions rise to $1069 a fortnight.
Single service pensioners will get an extra $29 a fortnight, taking their payment to $701 while the widow’s pension rises by $31 to $710.
The indexation changes affect 356,000 veterans and war widows.
Pensions are indexed twice a year, taking into account consumer price index inflation and the growth in male total average earnings.