Introduction of the Workforce Incentive
The Government is introducing the Workforce Incentive measure to remove disincentives for pensioners to re-enter the workforce or to increase the number of hours they work. The measure benef its pensioners who have employment income and lose their Service Pension, Income Support Supplement, Veteran Payment or Social Security Age Pension due to their or their partners income exceeding the income limit.
Pensioners who hold a Pensioner Concession Card (PCC) will retain their PCC for two years after losing their pension.
During the two-year period, if their income falls below the income limit they won’t have to submit a full application to have their payments reinstated. Reinstatement of payments can be achieved by providing DVA updated income and assets information.
You can tell us about changes to your circumstances that might affect your pension by:
- ringing us on 1800 VETERAN (1800 838 372)
- writing to us at GPO BOX 9998 BRISBANE QLD 4001
- visiting any of our offices
- using MyService
The Workforce Incentive will begin on 1 January 2023.
If you would like more information about Workforce Incentive you can call DVA on 1800 VETERAN (1800 838 372).