The Ministry of Education, Employment and Family has said in a statement today that as announced in the Budget for 2012 the various measures regarding the increase and bonus in pensions will be as follows:
The increase in the widow’s pension rate will be given with the January the 28th pension which will cover the period from January the 28th to February the 24th.
The cost of living increase bonus and the Pension increase which is given because of the Services Pension measure will also be issued on January the 28th.
The increase in the Old Age Pension will be issued on January the 14th this will cover the period from January the 14th to February the 10th. The cost of living increase bonus will also be issued on January the 14th.
The Invalidity Pension increase will be given with the January the 7th pension covering the period from January the 7th to February the 3rd.
The bonus for cost of living as well as the Services Pension increase are to be issued with the January the 7th pension.
The Retirement Pension increase will be given with the January the 21st pension for the period from January the 21st to February the 17th.
The cost of living increase bonus and the Services Pension measure will also be given on January the 21st.
1 Comment To "Pension changes as per the Budget 2012 start in January"
#1 Comment By Ron Baker On January 1, 2012 @ 2:15 am
The correct titles for the payments reported on are; Age Pension and Disability Support Pension. These terms replaced “Old Age and Invalid” many years ago. Some readers may form the impression that the govt. intends to introduce two new pensions to run in parallel with the Age and DSP,
Sincerely,
Ron Baker