The Australian Aged Pension from March 2021.
The Australian Aged Pension is revised in March and September (normally) each year, and the March 2021 new Pension Rates have been released. This pension is paid Fortnightly.
The Age Pension recipients will increase by $8.40 a fortnight for singles, and $6.30 each for members of a couple. This includes the Pension Supplement and Energy Supplement. Disability Support Pension and Carer Payments will also increase to the same figures.
The Government Aged Pension is a welfare benefit, paid by the Department of Human Services [Centrelink], the Australian welfare system.
The new, fortnightly, rates from 20th March 2021 are:
Single Person Aged Pension March 2021
- $868.60 Single Base pension
- $70.30 Pension Supplement
- $14.10 Energy Supplement
- $952.70 Total Pension
Married Person Aged Pension March 2021
- $654.40 Married Base Pension
- $53.00 Pension Supplement
- $10.60 Energy Supplement
- $719.10 Total Pension per person.
These rates will be reviewed again for further changes in September 2021.
Australian Aged Pension Rates 2016-2021
Married Person (each) Total Fortnightly Pension rates
- Mar 2021 $719.10
- Sep 2020 $711.80
- Mar 2020 $711.80
- Sep 2019 $703.50
- Mar 2019 $698.10
- Sep 2018 $690.70
- Mar 2018 $684.10
- Sep 2017 $674.20
- Mar 2017 $669.60
- Sep 2016 $661.20
- Mar 2016 $658.70
Single Person Total Fortnightly Pension rates
- Mar 2021 $952.70
- Sep 2020 $944.30
- Mar 2020 $944.30
- Sep 2019 $933.40
- Mar 2019 $926.20
- Sep 2018 $916.30
- Mar 2018 $907.60
- Sep 2017 $894.40
- Mar 2017 $888.30
- Sep 2016 $877.10
- Mar 2016 $873.90
March 2020 Australian Aged Pension Rates: abcdiamond.com.au/australian-aged-pension-from-march-2020