Australia. Veteran pensions set to increase

Veteran pension payments will increase in March in line with the biannual indexation process.

Pension recipients including veterans, their partners, war widows and widowers across Australia will see the increase from 20 March 2020.

Due to the calculation of pension rates on a daily basis, the first pension indexed on payday 26 March 2020 will comprise a component of both the old and new rates.

The new pension rates will be fully effective from pension payday 9 April 2020. The table below highlights the new fortnightly rates

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