Pension Bonus estimator

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The tables in this page may be used as a guide to estimate the amount of Pension Bonus that may be payable to registered members of the Pension Bonus Scheme.

On this page

  1. Purpose
  2. Important Note
  3. Estimating Bonus
  4. Calculating the estimated rate of pension
  5. Using the Pension estimator
  6. Understanding the table
  7. Notes
  8. Pension Bonus Table - Service Pension - Single Rate
  9. Pension Bonus Table - Service Pension - Couple Rate
  10. Pension Bonus Table - Income Support Supplement - Single Rate
  11. Pension Bonus Table - Income Support Supplement - Couple Rate

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Purpose

These figures are only an estimate and the actual amount of Pension Bonus received at the time of claim will depend on:

  • the person’s income and assets
  • the rate of pension payable
  • the pension or pensions deferred
  • the person meeting all the requirements of the scheme.

If the level of your income or assets is too high to receive a pension, then you will not be paid a bonus.

As pension rates and thresholds are subject to regular adjustment in line with CPI and/or average wages, the information in this page is current from 1 January 2025 to 19 March 2025.

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Important Note

From 1 July 2014, the Pension Bonus Scheme was closed to new registrations. Current members can remain in the Scheme while they continue to meet the work requirements to accrue a Pension Bonus if they wish.

If you are currently registered in the Pension Bonus Scheme, you may wish to consider whether you will be better off claiming the pension and any Bonus you are entitled to. You may also then benefit from the work bonus arrangements. The work bonus is a concession on the income test treatment of employment income for pensioners over qualifying age. This may influence your choices about work and retirement. For more information on this change to the pension income test, refer to Work Bonus.

We encourage you to obtain independent financial advice before claiming a pension to find out how these changes may affect your finances and your retirement and work plans.

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Estimating Bonus

To estimate the amount of Pension Bonus you may receive, there are two steps:

1. Calculate your estimated rate of pension or Income Support Supplement (ISS) using the appropriate ready reckoner:

For Bonus purposes you should include only the basic amount of pension supplement. The energy supplement and the remainder of the pension supplement are excluded from the bonus calculation. This means that:

  • Single Service Pensioners should subtract $68.40 from the figure in the ready reckoner
  • Service Pensioner Couples should subtract $49.50 from the figure in the ready reckoner
  • Single ISS recipients should subtract $54.30 from the figure in the ready reckoner
  • Partnered ISS recipients should subtract $38.90 from the figure in the ready reckoner.

2. Use the Bonus estimator to estimate the amount of Pension Bonus you may receive.

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Calculating the estimated rate of pension

  • Select the type of pension you are deferring:
    • Service Pension
    • Income Support Supplement
  • Choose pension rate based on the appropriate ready reckoner.
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Using the Pension estimator

  • Select the type of pension: Service Pension or Income Support Supplement (couple or single)
  • Estimate the amount of months you plan to defer (minimum 12 months to a maximum 60 months)
  • Select your estimated payment rate.

Example 1: Your estimated fortnightly single rate Service Pension after deducting $68.40 is $284.80 and your estimated deferral period is 20 months. Using the “Single Rate” table under the Service Pension, you would then select $284.80 in the “Pension Rate” column and 20 months in the “Number of Months Deferred” column to estimate your Pension Bonus. Your Bonus would then be $1,933.48.

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Understanding the table

You need to understand the following in relation to the tables:

  • all amounts are given in dollars ($)
  • all pension amounts are fortnightly payments and are after deduction of $68.40 (single) or $49.50 (partnered)
  • all ISS amounts are fortnightly payments and are after deduction of $54.30 (single) or $38.90 (partnered)
  • the estimated amount of Bonus is a one off, tax-free lump sum payment you may receive at time of claim
  • all amounts are only estimates and may vary
  • where only one pension has been deferred, the Bonus payable is based on the amount of pension payable at the time of claiming and depends on your income and assets at the time of claiming
  • if more than one pension has been deferred, this calculator will not give you an accurate estimate of Bonus.
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Notes

The figures in the tables are only applicable if there are no changes to relationship status or type of pension deferred during the deferment period.

Figures are based on current pension rates and are subject to change.

Blinded pensioners and blinded ISS recipients should calculate their Bonus amount using the highest fortnightly rate from the relevant table.

If you change relationship status or the type of pension deferred, please contact us or your financial planner for more information on the amount of Pension Bonus you may receive.

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Pension Bonus Table - Service Pension - Single Rate

Pension Rate 12 16 20 24 28 32 36 40 44 48 52 56 60 Months
31.60 77 137 215 309 420 549 695 858 1,038 1,236 1,236 1,682 1,931
63.30 155 275 430 619 842 1,100 1,392 1,719 2,080 2,475 2,475 3,369 3,868
94.90 232 412 644 928 1,263 1,649 2,087 2,577 3,118 3,711 3,711 5,051 5,798
126.60 309 550 859 1,238 1,685 2,200 2,785 3,438 4,160 4,951 4,951 6,738 7,735
158.20 387 687 1,074 1,547 2,105 2,749 3,480 4,296 5,198 6,186 6,186 8,420 9,666
189.90 464 825 1,289 1,856 2,527 3,300 4,177 5,157 6,240 7,426 7,426 10,107 11,603
221.50 541 962 1,504 2,165 2,947 3,850 4,872 6,015 7,278 8,662 8,662 11,789 13,534
253.20 619 1,100 1,719 2,475 3,369 4,401 5,569 6,876 8,320 9,901 9,901 13,477 15,471
284.80 696 1,237 1,933 2,784 3,790 4,950 6,264 7,734 9,358 11,137 11,137 15,158 17,401
316.50 774 1,375 2,149 3,094 4,211 5,501 6,962 8,595 10,400 12,376 12,376 16,846 19,338
348.10 851 1,512 2,363 3,403 4,632 6,050 7,657 9,453 11,438 13,612 13,612 18,528 21,269
379.80 928 1,650 2,578 3,713 5,054 6,601 8,354 10,314 12,480 14,852 14,852 20,215 23,206
411.40 1,005 1,787 2,793 4,022 5,474 7,150 9,049 11,172 13,518 16,087 16,087 21,897 25,137
443.10 1,083 1,925 3,008 4,332 5,896 7,701 9,746 12,033 14,559 17,327 17,327 23,584 27,073
474.70 1,160 2,063 3,223 4,641 6,316 8,250 10,442 12,891 15,598 18,563 18,563 25,266 29,004
506.40 1,238 2,200 3,438 4,951 6,738 8,801 11,139 13,752 16,639 19,802 19,802 26,953 30,941
538.00 1,315 2,338 3,652 5,259 7,159 9,350 11,834 14,610 17,678 21,038 21,038 28,635 32,872
569.60 1,392 2,475 3,867 5,568 7,579 9,899 12,529 15,468 18,716 22,274 22,274 30,317 34,803
601.30 1,470 2,613 4,082 5,878 8,001 10,450 13,226 16,329 19,758 23,513 23,513 32,004 36,739
632.90 1,547 2,750 4,297 6,187 8,422 11,000 13,921 17,187 20,796 24,749 24,749 33,686 38,670
664.60 1,624 2,888 4,512 6,497 8,843 11,550 14,619 18,048 21,838 25,989 25,989 35,373 40,607
696.20 1,702 3,025 4,726 6,806 9,264 12,100 15,314 18,906 22,876 27,224 27,224 37,055 42,538
727.90 1,779 3,163 4,942 7,116 9,686 12,651 16,011 19,767 23,917 28,464 28,464 38,742 44,475
759.50 1,856 3,300 5,156 7,425 10,106 13,200 16,706 20,625 24,956 29,699 29,699 40,424 46,405
791.20 1,934 3,438 5,371 7,735 10,528 13,751 17,403 21,485 25,997 30,939 30,939 42,112 48,342
822.80 2,011 3,575 5,586 8,044 10,948 14,300 18,098 22,344 27,036 32,175 32,175 43,793 50,273
854.50 2,088 3,713 5,801 8,354 11,370 14,851 18,796 23,204 28,077 33,414 33,414 45,481 52,210
886.10 2,166 3,850 6,016 8,663 11,791 15,400 19,491 24,063 29,116 34,650 34,650 47,163 54,141
917.80 2,243 3,988 6,231 8,972 12,212 15,951 20,188 24,923 30,157 35,890 35,890 48,850 56,078
949.40 2,320 4,125 6,445 9,281 12,633 16,500 20,883 25,781 31,196 37,125 37,125 50,532 58,008
981.10 2,398 4,263 6,661 9,591 13,055 17,051 21,580 26,642 32,237 38,365 38,365 52,219 59,945
1012.70 2,475 4,400 6,875 9,900 13,475 17,600 22,275 27,500 33,276 39,601 39,601 53,901 61,876
1044.40 2,553 4,538 7,090 10,210 13,897 18,151 22,973 28,361 34,317 40,840 40,840 55,588 63,813
1076.00 2,630 4,675 7,305 10,519 14,317 18,700 23,668 29,219 35,355 42,076 42,076 57,270 65,744
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Pension Bonus Table - Service Pension - Couple Rate

Pension Rate 12 16 20 24 28 32 36 40 44 48 52 56 60 Months
23.90 58 104 162 234 318 415 526 649 785 935 935 1,272 1,460
47.80 117 208 325 467 636 831 1,051 1,298 1,571 1,869 1,869 2,544 2,921
71.70 175 312 487 701 954 1,246 1,577 1,947 2,356 2,804 2,804 3,816 4,381
95.70 234 416 650 936 1,273 1,663 2,105 2,599 3,145 3,742 3,742 5,094 5,847
119.60 292 520 812 1,169 1,591 2,079 2,631 3,248 3,930 4,677 4,677 6,366 7,308
143.50 351 623 974 1,403 1,909 2,494 3,156 3,897 4,715 5,611 5,611 7,638 8,768
167.40 409 727 1,136 1,637 2,227 2,909 3,682 4,546 5,500 6,546 6,546 8,910 10,228
191.30 468 831 1,299 1,870 2,545 3,325 4,208 5,195 6,286 7,481 7,481 10,182 11,688
215.20 526 935 1,461 2,104 2,863 3,740 4,734 5,844 7,071 8,415 8,415 11,454 13,149
239.10 584 1,039 1,623 2,337 3,182 4,155 5,259 6,493 7,856 9,350 9,350 12,726 14,609
263.10 643 1,143 1,786 2,572 3,501 4,573 5,787 7,145 8,645 10,288 10,288 14,003 16,075
287.00 701 1,247 1,948 2,806 3,819 4,988 6,313 7,794 9,430 11,223 11,223 15,276 17,536
310.90 760 1,351 2,111 3,039 4,137 5,403 6,839 8,443 10,216 12,157 12,157 16,548 18,996
334.80 818 1,455 2,273 3,273 4,455 5,819 7,364 9,092 11,001 13,092 13,092 17,820 20,456
358.70 877 1,559 2,435 3,507 4,773 6,234 7,890 9,741 11,786 14,027 14,027 19,092 21,917
382.60 935 1,662 2,597 3,740 5,091 6,649 8,416 10,390 12,572 14,961 14,961 20,364 23,377
406.60 994 1,767 2,760 3,975 5,410 7,067 8,944 11,041 13,360 15,900 15,900 21,641 24,843
430.50 1,052 1,870 2,923 4,209 5,728 7,482 9,469 11,690 14,145 16,834 16,834 22,913 26,304
454.40 1,111 1,974 3,085 4,442 6,046 7,897 9,995 12,339 14,931 17,769 17,769 24,185 27,764
478.30 1,169 2,078 3,247 4,676 6,364 8,313 10,521 12,989 15,716 18,703 18,703 25,457 29,224
502.20 1,227 2,182 3,409 4,910 6,682 8,728 11,046 13,638 16,501 19,638 19,638 26,730 30,684
526.10 1,286 2,286 3,572 5,143 7,000 9,143 11,572 14,287 17,287 20,573 20,573 28,002 32,145
550.00 1,344 2,390 3,734 5,377 7,318 9,559 12,098 14,936 18,072 21,507 21,507 29,274 33,605
574.00 1,403 2,494 3,897 5,611 7,638 9,976 12,626 15,587 18,861 22,446 22,446 30,551 35,071
597.90 1,461 2,598 4,059 5,845 7,956 10,391 13,151 16,236 19,646 23,380 23,380 31,823 36,532
621.80 1,520 2,702 4,221 6,079 8,274 10,807 13,677 16,885 20,431 24,315 24,315 33,095 37,992
645.70 1,578 2,805 4,384 6,312 8,592 11,222 14,203 17,534 21,217 25,249 25,249 34,367 39,452
669.60 1,637 2,909 4,546 6,546 8,910 11,637 14,729 18,183 22,002 26,184 26,184 35,639 40,913
693.50 1,695 3,013 4,708 6,780 9,228 12,053 15,254 18,832 22,787 27,119 27,119 36,911 42,373
717.40 1,753 3,117 4,870 7,013 9,546 12,468 15,780 19,481 23,572 28,053 28,053 38,184 43,833
741.40 1,812 3,221 5,033 7,248 9,865 12,885 16,308 20,133 24,361 28,992 28,992 39,461 45,300
765.30 1,870 3,325 5,196 7,482 10,183 13,301 16,834 20,782 25,146 29,926 29,926 40,733 46,760
789.20 1,929 3,429 5,358 7,715 10,501 13,716 17,359 21,431 25,932 30,861 30,861 42,005 48,220
813.10 1,987 3,533 5,520 7,949 10,819 14,131 17,885 22,080 26,717 31,795 31,795 43,277 49,680
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Pension Bonus Table - Income Support Supplement - Single Rate

Pension Rate 12 16 20 24 28 32 36 40 44 48 52 56 60 Months
8.60 21 37 58 84 114 149 189 234 283 336 336 458 525
17.20 42 75 117 168 229 299 378 467 565 673 673 915 1,051
25.80 63 112 175 252 343 448 567 701 848 1,009 1,009 1,373 1,576
34.30 84 149 233 335 456 596 754 931 1,127 1,341 1,341 1,826 2,096
42.90 105 186 291 419 571 746 944 1,165 1,410 1,678 1,678 2,283 2,621
51.50 126 224 350 503 685 895 1,133 1,399 1,692 2,014 2,014 2,741 3,147
60.10 147 261 408 588 800 1,045 1,322 1,632 1,975 2,350 2,350 3,199 3,672
68.70 168 298 466 672 914 1,194 1,511 1,866 2,257 2,686 2,686 3,657 4,198
77.30 189 336 525 756 1,029 1,343 1,700 2,099 2,540 3,023 3,023 4,114 4,723
85.90 210 373 583 840 1,143 1,493 1,889 2,333 2,823 3,359 3,359 4,572 5,248
94.40 231 410 641 923 1,256 1,641 2,076 2,563 3,102 3,691 3,691 5,024 5,768
103.00 252 448 699 1,007 1,371 1,790 2,266 2,797 3,384 4,028 4,028 5,482 6,293
111.60 273 485 758 1,091 1,485 1,940 2,455 3,031 3,667 4,364 4,364 5,940 6,819
120.20 294 522 816 1,175 1,599 2,089 2,644 3,264 3,950 4,700 4,700 6,398 7,344
128.80 315 560 874 1,259 1,714 2,238 2,833 3,498 4,232 5,037 5,037 6,855 7,870
137.40 336 597 933 1,343 1,828 2,388 3,022 3,731 4,515 5,373 5,373 7,313 8,395
146.00 357 634 991 1,427 1,943 2,537 3,211 3,965 4,797 5,709 5,709 7,771 8,921
154.50 378 671 1,049 1,510 2,056 2,685 3,398 4,196 5,077 6,042 6,042 8,223 9,440
163.10 399 709 1,107 1,594 2,170 2,835 3,588 4,429 5,359 6,378 6,378 8,681 9,965
171.70 420 746 1,166 1,679 2,285 2,984 3,777 4,663 5,642 6,714 6,714 9,139 10,491
180.30 441 783 1,224 1,763 2,399 3,134 3,966 4,896 5,924 7,050 7,050 9,596 11,016
188.90 462 821 1,282 1,847 2,514 3,283 4,155 5,130 6,207 7,387 7,387 10,054 11,542
197.50 483 858 1,341 1,931 2,628 3,432 4,344 5,363 6,489 7,723 7,723 10,512 12,067
206.00 503 895 1,399 2,014 2,741 3,580 4,531 5,594 6,769 8,055 8,055 10,964 12,587
214.60 524 932 1,457 2,098 2,856 3,730 4,720 5,828 7,051 8,392 8,392 11,422 13,112
223.20 546 970 1,515 2,182 2,970 3,879 4,910 6,061 7,334 8,728 8,728 11,880 13,638
231.80 567 1,007 1,574 2,266 3,084 4,029 5,099 6,295 7,617 9,064 9,064 12,338 14,163
240.40 588 1,045 1,632 2,350 3,199 4,178 5,288 6,528 7,899 9,401 9,401 12,795 14,688
249.00 609 1,082 1,690 2,434 3,313 4,328 5,477 6,762 8,182 9,737 9,737 13,253 15,214
257.60 630 1,119 1,749 2,518 3,428 4,477 5,666 6,995 8,464 10,073 10,073 13,711 15,739
266.10 650 1,156 1,807 2,601 3,541 4,625 5,853 7,226 8,744 10,406 10,406 14,163 16,259
274.70 671 1,194 1,865 2,685 3,655 4,774 6,042 7,460 9,026 10,742 10,742 14,621 16,784
283.30 692 1,231 1,923 2,770 3,770 4,924 6,231 7,693 9,309 11,078 11,078 15,079 17,310
291.90 713 1,268 1,982 2,854 3,884 5,073 6,421 7,927 9,591 11,414 11,414 15,536 17,835
ISS recipients whose War Widow(er)'s Pension is reduced by other compensation payments may receive a higher amount and should contact us for an estimate of their Bonus amount.
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Pension Bonus Table - Income Support Supplement - Couple Rate

Pension Rate 12 16 20 24 28 32 36 40 44 48 52 56 60 Months
9.00 22 39 61 88 120 156 198 244 296 352 352 479 550
18.10 44 79 123 177 241 315 398 492 595 708 708 963 1,106
27.10 66 118 184 265 361 471 596 736 890 1,060 1,060 1,442 1,656
36.20 88 157 246 354 482 629 796 983 1,189 1,416 1,416 1,927 2,212
45.20 110 196 307 442 601 786 994 1,227 1,485 1,768 1,768 2,406 2,762
54.20 132 235 368 530 721 942 1,192 1,472 1,781 2,119 2,119 2,885 3,312
63.30 155 275 430 619 842 1,100 1,392 1,719 2,080 2,475 2,475 3,369 3,868
72.30 177 314 491 707 962 1,257 1,590 1,963 2,376 2,827 2,827 3,848 4,418
81.30 199 353 552 795 1,082 1,413 1,788 2,208 2,671 3,179 3,179 4,327 4,967
90.40 221 393 614 884 1,203 1,571 1,988 2,455 2,970 3,535 3,535 4,812 5,523
99.40 243 432 675 972 1,323 1,728 2,186 2,699 3,266 3,887 3,887 5,291 6,073
108.50 265 471 737 1,061 1,444 1,886 2,387 2,946 3,565 4,243 4,243 5,775 6,629
117.50 287 511 798 1,149 1,563 2,042 2,585 3,191 3,861 4,595 4,595 6,254 7,179
126.50 309 550 859 1,237 1,683 2,199 2,782 3,435 4,157 4,947 4,947 6,733 7,729
135.60 331 589 921 1,326 1,804 2,357 2,983 3,682 4,456 5,303 5,303 7,217 8,285
144.60 353 628 982 1,414 1,924 2,513 3,181 3,927 4,751 5,654 5,654 7,696 8,835
153.70 376 668 1,043 1,503 2,045 2,671 3,381 4,174 5,050 6,010 6,010 8,181 9,391
162.70 398 707 1,105 1,591 2,165 2,828 3,579 4,418 5,346 6,362 6,362 8,660 9,941
171.70 420 746 1,166 1,679 2,285 2,984 3,777 4,663 5,642 6,714 6,714 9,139 10,491
180.80 442 786 1,227 1,768 2,406 3,142 3,977 4,910 5,941 7,070 7,070 9,623 11,047
189.80 464 825 1,289 1,855 2,526 3,299 4,175 5,154 6,236 7,422 7,422 10,102 11,597
198.80 486 864 1,350 1,943 2,645 3,455 4,373 5,399 6,532 7,774 7,774 10,581 12,147
207.90 508 903 1,411 2,032 2,766 3,613 4,573 5,646 6,831 8,130 8,130 11,065 12,703
216.90 530 942 1,473 2,120 2,886 3,770 4,771 5,890 7,127 8,482 8,482 11,544 13,253
226.00 552 982 1,534 2,209 3,007 3,928 4,971 6,137 7,426 8,838 8,838 12,029 13,809
235.00 574 1,021 1,595 2,297 3,127 4,084 5,169 6,382 7,722 9,189 9,189 12,508 14,359
244.00 596 1,060 1,656 2,385 3,247 4,241 5,367 6,626 8,017 9,541 9,541 12,987 14,908
253.10 619 1,100 1,718 2,474 3,368 4,399 5,567 6,873 8,316 9,897 9,897 13,471 15,464
262.10 641 1,139 1,779 2,562 3,488 4,555 5,765 7,117 8,612 10,249 10,249 13,950 16,014
271.10 663 1,178 1,840 2,650 3,607 4,712 5,963 7,362 8,908 10,601 10,601 14,429 16,564
280.20 685 1,217 1,902 2,739 3,728 4,870 6,163 7,609 9,207 10,957 10,957 14,914 17,120
289.20 707 1,257 1,963 2,827 3,848 5,026 6,361 7,853 9,503 11,309 11,309 15,393 17,670
298.30 729 1,296 2,025 2,916 3,969 5,184 6,561 8,101 9,802 11,665 11,665 15,877 18,226
307.30 751 1,335 2,086 3,004 4,089 5,341 6,759 8,345 10,097 12,017 12,017 16,356 18,776
ISS recipients whose War Widow(er)'s Pension is reduced by other compensation payments may receive a higher amount and should contact us for an estimate of their Bonus amount.
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