The Australian Government has today announced today that any person currently receiving the Age Pension, Disability Support Pension and Carer Payment will see an new increase to their pay from March 20 of this year.
March is the time every where where we see the Government adjusting the pensions that various disadvantaged groups receive. Including the Age Pension and other types of benefits, there are over 4.5 million Australians who will positively impacted by this payment increase.
Paul Fletcher, the Minister for Families and Social Services announced on Tuesday that people currently receiving the Age Pension, Disability Support Pension and Carer Payment will see an increase to their pay in two weeks, Mr. Fletcher also announced that there will be an increase for people receiving Widow, Sickness & Newstart Allowances.
This pension increase announcement comes after the Supporting Retirement Incomes Bill was recently passed. For more articles be sure to read on in our Low Income Life articles section.