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Maria Vamvakinou MP

Your Federal Member for Calwell

 

 

Cash

Due to indexation, around 23 102 pensioners in the Calwell electorate will receive an increase in their pensions from 20 September 2010.


The Member for Calwell Maria Vamvakinou said pension payments would increase by $15.00 per fortnight for singles on the maximum rate, and $22.60 per fortnight for couples combined on the maximum rate.



Following these increases, total pension payments for those on the maximum rate, including the base rate and pension supplement, will be:



* $716.10 per fortnight for singles; and


* $1079.60 per fortnight for couples combined.



“Pensioners in Calwell have received increases of around $115 per fortnight for singles and $97 per fortnight for couples combined in pension payments, as a result of Federal Labor’s major pension reforms delivered in September last year, and higher indexation in March and September 2010,” Ms Vamvakinou said.


“During our first term, we overhauled the pension system to make it adequate for the more than four million Australians who depend on it.


“Local pensioners will benefit from the Federal Government’s reforms to the pension system, and we are committed to delivering a sustainable pension system.”


Pensions are indexed twice a year to the highest increase of three measures: the consumer price index (CPI), the pensioner and beneficiary living cost index (PBLCI), and growth in male total average weekly earnings (MTAWE).


The September 2010 pension rise was driven by movement in the pensioner and beneficiary living cost index in the six months to June 2010.


People eligible for the Age Pension, Disability Support Pension (adult rate), Carer Payment, veteran income support payments, Wife Pension, Widow B Pension and Bereavement Allowance will all benefit from the increases. Details: www.fahcsia.gov.au