Pensions and allowances rise

From this month, eligible veterans and families are set to receive an increase in financial support when pension payments rise.

Some pension recipients including veterans, their partners, war widows and widowers across Australia will see an increase to their pension payments from 20 March 2024, in line with the pension indexation process.

You don’t have to do anything to receive the payment increase, it will be automatically be applied to payments received after 20 March 2024. 

Pensions are indexed four times a year on 1 January, 20 March, 1 July and 20 September.

For more information including a summary of pension rates, limits and allowances please visit the DVA Payment Rates page. The table below highlights the new fortnightly rates:

Pension Indexation MARCH 2024Old Fortnightly Rate (as of 01/01/2024)New Fortnightly Rate (from 20/03/2024)Fortnightly Increase 
 SERVICE PENSION 
Single person $          1,096.70  $           1,116.30  $              19.60 
Couples (each) $             826.70  $              841.40  $              14.70 
Single person - transitional $             906.80  $              922.90  $              16.10 
Couples (each) - transitional $             731.60  $              744.60  $              13.00 
WAR WIDOWS
War Widow(er)'s Pension $          1,116.30  $           1,136.30  $              20.00 
Income Support Supplement $             331.40  $              337.40  $                6.00 
DISABILITY COMPENSATION PAYMENT
TPI (Special Rate) $          1,729.20  $           1,760.00  $              30.80 
Intermediate rate $          1,146.40  $           1,166.80  $              20.40 
EDA $             933.20  $              949.80  $              16.60 
100 per cent $             600.30  $              611.00  $              10.70 
10 per cent $               66.96  $               68.03  $                1.07 
VETERAN PAYMENT
Single Person$          1,189.70$           1,211.20$               21.50
Couples (each)$             927.60$               944.50$               16.90
MRCA*
Wholly dependent partner payment $          1,116.30  $           1,136.30  $              20.00 
Special Rate Disability Pension $          1,729.20  $           1,760.00  $              30.80 

These are the maximum rates of payment and include any Energy Supplement payable. 
*Note that the MRCA payments in the bottom two rows are the fortnightly amounts, not the weekly amounts.