Monthly Archives: December 2020

No September Age Pension Increase this Year

December 16, 2020

Age Pension payment rates are usually increased every six month – on 20 March and 20 September – to maintain their real value over time. On 20 September 2020, for the first time in more than 20 years, the Age Pension rates did not increase. This is due to the method of pension indexation, and […]