Well-Being: Age/Service Pension update: 1 July 2018 changes

This article from YourLifeChoices reveals the indexation of income and asset thresholds that will apply from 1 July 2018.

For age/service  pensioners, this means that those who have narrowly missed out on a full or part Age/Service Pension due to income earned or assets held, may now qualify for a payment or have their payment increased.

In what could further boost your rate of Age/Service Pension paid, deeming thresholds have also been indexed.

So grab yourself a cuppa and find out if your payment will change.