Age Pension Calculator

Age Pension Calculator

I came across this handy little calculator for pensioners to do what if analysis.  Feel free to share. 

Maximum Rates of Payment – Couples from 20 September 2009
Minimize

Rates of payment

(maximum)

Couple (each)

Full pension rate per fortnight (1)

Total Annualised

From

To

Base

New (2) Supplement

Total Pension

20/3/12

19/9/12

$524.10

$45.40

$569.50

$14,888

20/9/11

19/3/12

$519.40

$45.10

$564.50

$14,717

20/3/11

19/9/11

$505.70

$44.00

$549.70

$14,331

20/9/10

19/3/11

$496.30

$43.50

$539.80

$14,073

20/3/10

19/9/10

$485.60

$42.90

$528.50

$13,779

20/9/09

19/3/10

$464.20

$42.30

$506.50

$13,206

 

For couples living apart (e.g. due to illness) each pensioner gets the single persons rate.

(1) The full pension may be reduced by the Assets Test and the Income Test.

(2) New Pension Supplement includes the value of the GST supplement, Utility, Telephone and Pharmacy Allowances. Refer to the link below for more information on the Pension Supplement.

 

Maximum Rates of Payment – Single Persons from 20 September 2009
Maximize

Rates of payment

(maximum)

Single person

Full pension rate per fortnight (1)

Total Annualised

From

To

Base

New (2) Supplement

Total Pension

20/3/12

19/9/12

$695.30

$60.20

$755.50

$19,751

20/9/11

19/3/12

$689.00

$59.80

$748.80

$19,522

20/3/11

19/9/11

$670.90

$58.40

$729.30

$19,014

20/9/10

19/3/11

$658.40

$57.70

$716.10

$18,670

20/3/10

19/9/10

$644.20

$56.90

$701.10

$18,278

20/9/09

19/3/10

$615.80

$56.10

$671.90

$17,517

 

For couples living apart (e.g. due to illness) each pensioner gets the single persons rate.

(1) The full pension may be reduced by the Assets Test and the Income Test.

(2) New Pension Supplement includes the value of the GST supplement, Utility, Telephone and Pharmacy Allowances. Refer to the link below for more information on the Pension Supplement.

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