Australian pension scheme 2024

Australia Age Pension 2024: Eligibility Requirements and Payment Details

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Changes are being made to Australia’s age pension payout scheme in 2024 to support pensioners against rising inflation and the cost of living. According to recent rumors, the month of September may see many changes in this payment program. The change is part of the biennial indexing process, which is linked to the Living Cost … Read more

$1200 Pension Increase for Seniors and Retirees in Australia 2024: Important Payout Dates

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There’s good news for low-income older Australians and retirees—your monthly pension is increasing exponentially. According to a recent update, the Australian Federal Government, Department of Service Australia has decided to propose a $1200 pension increase for seniors and retirees by 2024. No new government of this forthcoming event, but for the specific details you may … Read more