$28 Age Pension Increase 2024: Check New Amount, Eligibility & Payment Dates

Economic Challenges Leading to a Proposed Pension Increase

The cost of living and inflation rate are at 0.6%, as such, the Australian government is looking to raise the pension by $28 for 2024. This is due to increase for those who depend on disability support facing financial challenges due to the present money living standards.

Proposed $28 Pensions Old Age Increase 2024

Older people Australia-wide will benefit from the pension increase. Actually, most old people in Australia even after the many changes to pensions are still far from meeting the baselines. Reports which suggest a $28 wage increase in pensions are yet to be confirmed by Centrelink.

Who Qualifies for the $28 Centrelink Old Age Pension Increase?

  • Age Eligibility: Applicants must be above 60 years.
  • Australia Residence Requirement: Permanent residents who were in Australia when the funds were paid.
  • Immigration Requirement: It should have been more than 10 years of residing in Australia for the non-residents to receive the increase.

Who is Eligible?

  • Program: $28 Centrelink Age Pension Increase 2024
  • Administered by: Services Australia
  • Eligible For: Permanent residents at 60+
  • Pay Date:
  • Country Applicable In: Australia
  • Category: Finance
  • Official Website: www.servicesaustralia.gov

How to Apply for $28 Age Pension Increase Payment

  1. Go to website: servicesaustralia.gov.au.
  2. Sign in or sign up for a MyGov account.
  3. Link your MyGov account to Australian services.
  4. Choose “Application form.”
  5. Complete all fields and attach attachments if required.
  6. Preview and submit your application.

Centrelink Age Pension Payment Amount 2024

The pension amount is indexed to the Consumer Price Index. Here find the maximum fortnightly amount for eligible recipients:

CategoryOne PersonOne Couple (Each)Combined CoupleSeparated Couples (Illness)
Highest Pension Rates$1,020.60$769.30$1,538.60$1,020.60
Maximum Pension Supplement$81.40$61.50$123.00$81.40
Energy Supplement$14.10$10.60$21.20$14.10
Total$1,116.30$841.40$1,682.80$1,116.30

Fact Check: $28 Age Pension Hike 2024

  • Claim: $28 Age Pension Hike for 2024
  • Fact Check: False No news or update is available currently. The pension supplement for all individuals and for couples is the maximum. It is 61.50 for couples.

FAQs on $28 Age Pension Hike 2024

  • Confirmed the $28 Age Pension Hike for 2024? No news or update is available currently.
  • Who can get the $28 Age Pension Increase?
    Permanent residents of Australia are aged 60 and above.
  • What are the highest pension supplement amounts?
    The pension supplement is the maximum value at 61.50 for couples

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