As in countries like Australia, the Government benefits are provided. These benefits are provided so that citizens of the country feel stability and security financially. These payments in Australia are known as Centrelink payments and these payments are provided to children, adults, aged, disabled and seniors. In today’s post we will see New Centrelink Pensions List 2024. It means that today we are providing you the types of pensions that are available in Australia. With that we will find we can get these pension payments from Centrelink and what rates are provided by the Centrelink for these pension payments. Also we will get to see the benefits of these increase centrelink pension payments.
New Centrelink Pensions List 2024
In Australia the centrelink generally provides pensions to aged and disabled citizens. In this guide we will see different pensions in Australia which are Age Pension, Pension Supplement and Disability Support Pension. All we have is the basic details, eligibility, payments amounts. Age pension is the cash assistance to those who reach the pension age. Usually this is provided to the aged or retired Australians. Pension supplement is the extra cash assistance which is paid by the Centrelink to the claimants of the qualified centrelink payments. Disability support pension is the cash assistance which is provided to the citizens who have medical problems or suffer from any disability. Here check this guide to know more for New Centrelink Pensions List 2024.
New Centrelink Pensions List 2024- Overview
| Title | New Centrelink Pensions List 2024 |
| Year | 2024 |
| Centrelink Payment Name | Age PensionSupplement PensionDisability Support Pension |
| Country Name | Australia |
| Centrelink Pensions Eligibility 2024 | Qualified citizens of Australia |
| Objective | Financial Aid |
| Centrelink Pensions Amount 2024 | Check table in the post |
| Centrelink Payment Frequency | Fortnightly |
| Category of the Post | Finance |
| Official Page | www.servicesaustralia.gov.au |
Centrelink Pensions Eligibility 2024
Centrelink Pensions Eligibility 2024 is given here based on the age, income, assets, residency and many other factors:
Age Pension Eligibility:
- For the age pension the citizen must be 67 Years or older.
- The claimant must stay in Australia and must hold citizenship in Australia.
- This income test need to be passed:
| Rules | Marital Status | Fortnightly Earnings | Reduction in Payment by |
| Standard | Single | Up to $212 | $0 |
| Standard | Single | Above $212 | 50 Cents for every $ above $212 |
| Standard | Married Together or apart because of ill Health | Up to $372 | $0 |
| Standard | Married Together or apart because of ill Health | Above $372 | $25 Cents for every $ above $372 |
| Transitional | Single | Up to $212 | $0 |
| Transitional | Single | Above $212 | $40 Cents for every $ above $212 |
| Transitional | Married Together or apart because of ill Health | Up to $372 | $0 |
| Transitional | Married Together or apart because of ill Health | Above $372 | $20 Cents for every $ above $372 |
- This asset test need to be passed:
| Pension Claimants | Marital Status | Homeowner | Non- Homeowner |
| Full Pension | Single | $314000 | $566000 |
| Full Pension | Married Together | $470000 | $722000 |
| Full Pension | Married Separated because of ill health | $470000 | $722000 |
| Full Pension | Married but 1 partner Eligible | $470000 | $722000 |
| Part Pension | Single | $686250 | $938250 |
| Part Pension | Married Together | $1031000 | $1283000 |
| Part Pension | Married Separated because of ill health | $1214500 | $1466500 |
| Part Pension | Married but 1 partner Eligible | $1031000 | $1283000 |
| Transitional Rate | Single | $621750 | $873750 |
| Transitional Rate | Married Together | $966500 | $1218500 |
| Transitional Rate | Married Separated because of ill health | $1085500 | $1337500 |
| Transitional Rate | Married but 1 partner Eligible | $966500 | $1218500 |
Disability Support Pension Eligibility:
- The claimant must meet medical rules such as have severe medical conditions, have valid medical reports or certificates.
- Must meet the assets limit provided above for age pension.
- For the disability support pension the citizen must be aged between 15 Years 9 months and age pension age.
- The claimant must stay in Australia and must hold citizenship in Australia.
Pension Supplement Eligibility:
- There are three choices given to the claimant for the eligibility.
- The first choice is that the citizen must receive any one payment from given payments; Age Pension, Job Seeker Payment, Carer Payment, Disability Support Pension.
- The second choice is that the citizen must receive any one payment from given payments; ABSTUDY, Austudy, Parenting Payment, Special Benefit and you must be over the age 67 Years.
- The third choice is that the citizen must get the basic amount when they are under 67 Years or they get the single parenting payment.
Centrelink Pensions Amount 2024
Here we will see the Centrelink Pensions Amount 2024:
Age Pension & Disability Support Pension:
| Fortnightly | Single | Each Couple | Combined Couple | Couple Separated due to ill health |
| Maximum Basic Rate | $1020.60 | $769.30 | $1538.60 | $1020.60 |
| Maximum Pension Supplement | $81.60 | $61.50 | $123.00 | $81.60 |
| Energy Supplement | $14.10 | $10.60 | $21.20 | $14.10 |
| Total | $1116.30 | $841.40 | $1682.80 | $1116.30 |
| Rate per Fortnight | Single | Each Couple | Couple Separated due to ill health |
| Basic Rate | $28.30 | $46.60 | $28.30 |
| Minimum Pension Supplement | $43.90 | $33.10 each$66.20 combined | $43.90 each |
| Maximum Pension Supplement | $81.60 | $61.50 each$123.00 combined | $81.60 |
FAQ Related To New Centrelink Pensions List 2024
The pensions are designed for the financial help of citizens.
The user can go on Centrelink Official portal.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.