Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Veteran's pensions set to rise.



Download PDFDownload PDF

DVA 21 Sunday 11 March 2001

Veterans' Pensions Set to Rise

Veterans’ service pensions and war widows’ pensions will increase by up to $7.90 a fortnight following the latest round of indexation adjustments, the Minister for Veterans’ Affairs, Bruce Scott, announced today.

Mr Scott said the full increase in pensions paid by the Department of Veterans’ Affairs (DVA) is effective from 20 March and would flow through on the payday of Thursday 5 April 2001.

"The maximum rate of the single Service pension has risen by $7.90 a fortnight breaking-through the $400 barrier to $402.00 a fortnight.   The couples’ maximum rate will rise by $6.60 to $335.50.

"The pension rate for war widows’ is set to rise $7.90 to $427.00.

"Prior to the introduction of the GST the Federal Government made a commitment to keep all pensions at least two per cent above CPI.

"Now all indexed pensions will remain at least two per cent above increases in the CPI.

"In the past 12 months alone veterans’ and war widows’ pensions have increased on average eight per cent:

Single Service pension maximum rate up $30 from $372.00 to $402.00 ● Couples Service pension maximum rate up $25 from $310.50 to $335.50 ● Special (T&PI) Rate up $51.80 from $656.70 to $708.50 ● War Widows up $31 from $396.00 to $427.00 ●

An Income Support Supplement of up to $124.90 per fortnight may also be paid on top of the war widow’s pension.  Veteran disability pensions would increase by up to $13.90. 

Mr Scott said details of the new rates are available from DVA or by visiting the department’s website at: www.dva.gov.au 

 

Media Contact:   Mark Croxford 02 6277 7820 or 0408 645 787

 

[Return to DVA media release index]