Pensions & Benefits Data
Last updated: March 20, 2025
Age Pension (Single)
$1,116.30
Fortnightly rate from March 20, 2025
Age Pension (Couple)
$1,682.60
Fortnightly rate (combined) from March 20, 2025
JobSeeker (Single)
$745.20
Fortnightly rate from March 20, 2025
JobSeeker (Couple)
$1,348.40
Fortnightly rate (combined) from March 20, 2025
Pension Uplift Factors (March 2025)
Indexation factors used to determine pension rate increases
| Factor | Value | Description |
|---|---|---|
| CPI | 3.4% | Consumer Price Index annual change to December 2024 |
| PBLCI | 3.3% | Pensioner and Beneficiary Living Cost Index annual change to December 2024 |
| MTAWE | 3.1% | Male Total Average Weekly Earnings benchmark (November 2024) |
| Effective Date | March 20, 2025 | Date when new payment rates take effect |
Age Pension Payment Rates
Current and historical Age Pension rates from Services Australia
| Effective Date | Single Rate | Couple (each) | Couple (combined) | Increase | Indexation Factor |
|---|---|---|---|---|---|
| March 20, 2025 | $1,116.30 | $841.30 | $1,682.60 | 3.3% | PBLCI |
| September 20, 2024 | $1,080.60 | $814.40 | $1,628.80 | 2.8% | CPI |
| March 20, 2024 | $1,051.20 | $792.20 | $1,584.40 | 3.0% | PBLCI |
| September 20, 2023 | $1,020.60 | $769.10 | $1,538.20 | 3.2% | CPI |