New age pension rates take effect from 20th March 2014 and our calculator has been updated to reflect these changes.
A single person eligible for the pension is now entitled to an annual age pension - including the pension supplement and clean energy payment - of around $21,913. A whopping $15.70 per fortnight increase.
A couple eligible for the pension is now entitled to an annual age pension - including the pension supplement and clean energy payment - of around $33,036. A whopping $11.90 each per fortnight increase.
The Centrelink reference for the new rates are as follows:
