It can be difficult to make ends meet on the pension. Even with the recent (small) increase, living costs have become overwhelmingly high.

So, any extra help is always welcome news — and that's exactly what we're here to tell you about, members!

In an effort to help address labour shortages across the country, Australian pensioners will now have the ability to work more hours without receiving a penalty to Centrelink payments.

This change came into effect Thursday, December 1, and adds $4000 to the maximum Work Bonus balance limit, raising the ceiling for qualified working pensioners from $7800 to $11,800.

The change is effective until January 1, 2024, which is when the limit resets to $7,800.

Social Services Minister Amanda Rishworth explained that the move is designed to enable pensioners who are able and willing to work to ‘immediately boost the supply of labour’ needed to meet the demands of the country.

More seniors are expected to benefit from the new Work Bonus balance ceiling. Stock Image Credit: Pexels/Andrea Piacquadio

‘The government will also look to strengthen legislation to ensure pensioners who are working don’t get unnecessarily kicked out of the social security system.'

'The Albanese Labor government is committed to improving the lives of all Australians – including older Australians – and, importantly, providing choice.'

Prior to this, there were concerns raised by many senior Australians stuck between wanting to work more hours and preserving their pensions as costs of living skyrocketed.

Aussies who receive the Carer Payment or Disability Support pension are also qualified for the Work Bonus.

All one needs to do is declare his or her income and the Work Bonus will automatically be applied if the eligibility requirements are met.

This development comes after welfare payments saw a boost with indexation in September.

Those on the Age Pension, Disability Support Pension, and Carer Payments saw an additional $38.90 a fortnight for singles and $58.80 for couples.

Those qualified for Work Bonus will automatically be enrolled once they declare their income taxes and satisfy prerequisites. Screengrab Credit: YouTube/7News Australia

In related news, welfare payments for millions of Australians might see more increases if the Labor-led government has enough votes to support its proposed industrial relations bill.

Key Takeaways

• The maximum Work Bonus balance will increase from $7800 to $11,800 as of December 1.
• The changes will automatically come into effect and apply to pensioners and veterans.
• The changes are effective for a year, and will end on January 1, 2024.

So, what do you think? How will this development impact you, especially if you are working to make ends meet?

Tell us your thoughts and opinions below!

Source: YouTube/Services Australia​

 

[Jeff Ford]

2024 is when the change comes in most of the seniors involved will be dead by then OF STARVATION too little way too late.

 

[ChrisT]

2024 is when the change comes in most of the seniors involved will be dead by then OF STARVATION too little way too late.

The increase starts today 1st of December 2022 and ends on the 1st of January 2024.

 

[OperaticZeus]

No help to people like me who are unable to work

 

[Zemo]

GOOD NEWS! Millions of pensioners will receive a cash boost ... that's what your intro head says. The actual story, however, says something else. Did you start your "reporting" career at the Woman's Daze or the No Idea?

 

[Klaus A]

It can be difficult to make ends meet on the pension. Even with the recent (small) increase, living costs have become overwhelmingly high.

So, any extra help is always welcome news — and that's exactly what we're here to tell you about, members!

In an effort to help address labour shortages across the country, Australian pensioners will now have the ability to work more hours without receiving a penalty to Centrelink payments.

This change came into effect Thursday, December 1, and adds $4000 to the maximum Work Bonus balance limit, raising the ceiling for qualified working pensioners from $7800 to $11,800.

The change is effective until January 1, 2024, which is when the limit resets to $7,800.

Social Services Minister Amanda Rishworth explained that the move is designed to enable pensioners who are able and willing to work to ‘immediately boost the supply of labour’ needed to meet the demands of the country.

View attachment 9729

More seniors are expected to benefit from the new Work Bonus balance ceiling. Stock Image Credit: Pexels/Andrea Piacquadio

‘The government will also look to strengthen legislation to ensure pensioners who are working don’t get unnecessarily kicked out of the social security system.'

'The Albanese Labor government is committed to improving the lives of all Australians – including older Australians – and, importantly, providing choice.'

Prior to this, there were concerns raised by many senior Australians stuck between wanting to work more hours and preserving their pensions as costs of living skyrocketed.

Aussies who receive the Carer Payment or Disability Support pension are also qualified for the Work Bonus.

All one needs to do is declare his or her income and the Work Bonus will automatically be applied if the eligibility requirements are met.

This development comes after welfare payments saw a boost with indexation in September.

Those on the Age Pension, Disability Support Pension, and Carer Payments saw an additional $38.90 a fortnight for singles and $58.80 for couples.

View attachment 9730

Those qualified for Work Bonus will automatically be enrolled once they declare their income taxes and satisfy prerequisites. Screengrab Credit: YouTube/7News Australia

In related news, welfare payments for millions of Australians might see more increases if the Labor-led government has enough votes to support its proposed industrial relations bill.

Key Takeaways

• The maximum Work Bonus balance will increase from $7800 to $11,800 as of December 1.
• The changes will automatically come into effect and apply to pensioners and veterans.
• The changes are effective for a year, and will end on January 1, 2024.

So, what do you think? How will this development impact you, especially if you are working to make ends meet?

Tell us your thoughts and opinions below!

Source: YouTube/Services Australia​

I just did my reporting to centrelink and I can see that an unused credit of $4300 has been added. It does not tell me how much credit is left after reporting. This unused credit has been introduced in July this year and is normally $300 every fortnight.
There is another about $150 you can earn on anything in the pension, this is not workbonus.
This makes it to $450 a fortnight in total earnings. I now fear that centrelink is taking out your income out of the bonus and the $150 out of the standard pension get ignored. So when the bonus is used up we are back to previous payments and we lost the $150 for that period. I will find out on next reporting time on the 15.12.

 

[Pattycake]

Only if u work!!!!!!!

 

[Klaus A]

That's what it is about isn't it.

 

[Janine]

2024 is when the change comes in most of the seniors involved will be dead by then OF STARVATION too little way too late.

I read this change starts today and ends 2024...

 

[Jaynius]

Good grief.
What kind of heading is that SDC?

"$4000 cash boost to pensioners
Poppycock.

I agree with the person who asks if you got your journalistic training from rubbish magazines.
In fact, I am sorely tempted to unsubscribe from your emails.

 

[Capsam]

Well it’s a little like Labor’s childcare subsidies. Labor are spending this money to get women BACK INTO THE WORKFORCE! This short term pension bonus is about getting seniors BACK INTO THE WORKFORCE! As others have noted, some of us CANNOT work. How about giving us WORK FROM HOME. Public servants got thousands in work from home bonuses during COVID didn’t they?

 

[Penny4]

Hand up which business or employer will give a Pensioner a job!
Unless you have been working with the same company for years & years you may be lucky to still be working after the cut-off age.

 

[SusieQ1]

It can be difficult to make ends meet on the pension. Even with the recent (small) increase, living costs have become overwhelmingly high.

So, any extra help is always welcome news — and that's exactly what we're here to tell you about, members!

In an effort to help address labour shortages across the country, Australian pensioners will now have the ability to work more hours without receiving a penalty to Centrelink payments.

This change came into effect Thursday, December 1, and adds $4000 to the maximum Work Bonus balance limit, raising the ceiling for qualified working pensioners from $7800 to $11,800.

The change is effective until January 1, 2024, which is when the limit resets to $7,800.

Social Services Minister Amanda Rishworth explained that the move is designed to enable pensioners who are able and willing to work to ‘immediately boost the supply of labour’ needed to meet the demands of the country.

View attachment 9729

More seniors are expected to benefit from the new Work Bonus balance ceiling. Stock Image Credit: Pexels/Andrea Piacquadio

‘The government will also look to strengthen legislation to ensure pensioners who are working don’t get unnecessarily kicked out of the social security system.'

'The Albanese Labor government is committed to improving the lives of all Australians – including older Australians – and, importantly, providing choice.'

Prior to this, there were concerns raised by many senior Australians stuck between wanting to work more hours and preserving their pensions as costs of living skyrocketed.

Aussies who receive the Carer Payment or Disability Support pension are also qualified for the Work Bonus.

All one needs to do is declare his or her income and the Work Bonus will automatically be applied if the eligibility requirements are met.

This development comes after welfare payments saw a boost with indexation in September.

Those on the Age Pension, Disability Support Pension, and Carer Payments saw an additional $38.90 a fortnight for singles and $58.80 for couples.

View attachment 9730

Those qualified for Work Bonus will automatically be enrolled once they declare their income taxes and satisfy prerequisites. Screengrab Credit: YouTube/7News Australia

In related news, welfare payments for millions of Australians might see more increases if the Labor-led government has enough votes to support its proposed industrial relations bill.

Key Takeaways

• The maximum Work Bonus balance will increase from $7800 to $11,800 as of December 1.
• The changes will automatically come into effect and apply to pensioners and veterans.
• The changes are effective for a year, and will end on January 1, 2024.

So, what do you think? How will this development impact you, especially if you are working to make ends meet?

Tell us your thoughts and opinions below!

Source: YouTube/Services Australia​

 

[SusieQ1]

Hand up which business or employer will give a Pensioner a job!
Unless you have been working with the same company for years & years you may be lucky to still be working after the cut-off age.

I am too unwell to earn any other income. This legislation is of no benefit to me.

 

[Ricci]

They assume we are all able to work and that employers are hanging out for us wrinklies.........wrong!

 

[Singomate]

It can be difficult to make ends meet on the pension. Even with the recent (small) increase, living costs have become overwhelmingly high.

So, any extra help is always welcome news — and that's exactly what we're here to tell you about, members!

In an effort to help address labour shortages across the country, Australian pensioners will now have the ability to work more hours without receiving a penalty to Centrelink payments.

This change came into effect Thursday, December 1, and adds $4000 to the maximum Work Bonus balance limit, raising the ceiling for qualified working pensioners from $7800 to $11,800.

The change is effective until January 1, 2024, which is when the limit resets to $7,800.

Social Services Minister Amanda Rishworth explained that the move is designed to enable pensioners who are able and willing to work to ‘immediately boost the supply of labour’ needed to meet the demands of the country.

View attachment 9729

More seniors are expected to benefit from the new Work Bonus balance ceiling. Stock Image Credit: Pexels/Andrea Piacquadio

‘The government will also look to strengthen legislation to ensure pensioners who are working don’t get unnecessarily kicked out of the social security system.'

'The Albanese Labor government is committed to improving the lives of all Australians – including older Australians – and, importantly, providing choice.'

Prior to this, there were concerns raised by many senior Australians stuck between wanting to work more hours and preserving their pensions as costs of living skyrocketed.

Aussies who receive the Carer Payment or Disability Support pension are also qualified for the Work Bonus.

All one needs to do is declare his or her income and the Work Bonus will automatically be applied if the eligibility requirements are met.

This development comes after welfare payments saw a boost with indexation in September.

Those on the Age Pension, Disability Support Pension, and Carer Payments saw an additional $38.90 a fortnight for singles and $58.80 for couples.

View attachment 9730

Those qualified for Work Bonus will automatically be enrolled once they declare their income taxes and satisfy prerequisites. Screengrab Credit: YouTube/7News Australia

In related news, welfare payments for millions of Australians might see more increases if the Labor-led government has enough votes to support its proposed industrial relations bill.

Key Takeaways

• The maximum Work Bonus balance will increase from $7800 to $11,800 as of December 1.
• The changes will automatically come into effect and apply to pensioners and veterans.
• The changes are effective for a year, and will end on January 1, 2024.

So, what do you think? How will this development impact you, especially if you are working to make ends meet?

Tell us your thoughts and opinions below!

Source: YouTube/Services Australia​

I think every cent extra is an improvement, it's good to see the Government governing not squabbling over he said she said politics

 

[JedCorella]

It's all just window dressing to make the government look good. What they give you with one hand, they take away with another. In the end you are usually worse off anyway.
Scott Moronson was "Scomo". Boris Johnson was " Bojo". Anthony Albanese , by those standards, should be called " Anal". Quite fitting actually.
Politicians are supposed to be there to "serve the people". That's fallen by the wayside a long time ago but I think it's about time that we get back to that because these days these leeches are out of control.

 

[Klaus A]

As I tried to explain earlier. You are lucky if you get anything. Most definitely not $4000. And don't forget we have to pay Tax 21% ones over 32279. that's all payment plus income together. That comes on top of it.

 

[Leeta069]

No help to people like me who are unable to work

me either

 

[Mrs Wal]

Any extra opportunity to a pay rise for those willing and able to work will be welcome. Even with pension cut, the earnings above are still a welcome boost . I will enjoy the $4 K bonus. Would love to see the bonus scheme become simple though. I love working part time for the brain stimulation, mixing with other people and even enjoying taking on part time study.