3.1.14 Work Bonus (from 1 July 2011)

Introduction

This section contains information about the work bonus that applies to pensioners of age pension age (except PPS) from 1 July 2011.

Act reference: SSAct section 1073AA Work bonus, section 1073AB Unused concession balance, Schedule 1A clause 144 Saving and transitional provisions... to Schedule 1A clause 149 Payment and income tax consequences of receiving social security pension...

Policy reference: SS Guide 5.1.8.40 Pension Reform - Transitional Arrangements

In this section

This section contains the following topics:

3.1.14.10 Work Bonus - Eligibility

3.1.14.20 Work Bonus - Overview

3.1.14.30 Work Bonus - Application

3.1.14.40 Work Bonus - Rate Calculation Examples

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Last reviewed: 1 July 2011