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  Government BenefitsTax Free Benefits - L to ZPension Bonus Scheme      Wednesday, 22 September 2021  
   

Pension Bonus Scheme Payment


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Overview
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Would I be better off claiming the Age Pension sooner?
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Eligibility
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Changes from 1 January 2008
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Maximum Payable - 20 September 2021 to 19 March 2022
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Maximum payable – 20 September 2021 to 19 March 2022

Maximum amount of bonus payable if you are entitled to 100% of the basic rate of age pension when you retire

Bonus years

Single

Partnered (each)

1 year

$2,216.50

$1,675.10

2 years

$8,865.90

$6,700.50

3 years

$19,948.20

$15,076.10

4 years

$35,463.40

$26,801.90

5 years

$55,411.60

$41,877.90

 


   
Maximum Payable - 20 March 2021 to 19 September 2021
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Maximum payable – 20 March 2021 to 19 September 2021

Maximum amount of bonus payable if you are entitled to 100% of the basic rate of age pension when you retire

Bonus years

Single

Partnered (each)

1 year

$2,181.80

$1,648.70

2 years

$8,727.00

$6,594.90

3 years

$19,635.80

$14,838.50

4 years

$34,908.10

$26,379.60

5 years

$54,544.00

$41,218.10

 


   
Maximum Payable - 20 March 2020 to 19 March 2021
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Maximum Payable - 20 September 2019 to 19 March 2020
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Maximum Payable - 20 September 2005 to 19 September 2019
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This page was last edited on 18 September 2021

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