|
|
|
|
|
PhA rates are indexed to changes in the CPI. The effective date of indexation is 1 January each year using the annual CPI increase to the previous September.
This table shows the current rate of PhA per fortnight.
|
Family Circumstance |
Rate |
|
Single |
$6.20 |
|
Partnered (each eligible member of a couple) |
$3.10 |
|
Partnered - illness separated couple (1.1.I.04), respite care couple (1.1.R.240), or partner imprisoned (1.1.P.70) |
$6.20 |
|
Saved rate-partnered with non-eligible partner (saved from 12 March 1992) |
$5.20 |
If PhA payment is being made for periods of less than one week, the allowance is one-fourteenth of the fortnightly rate for each day in the entitlement period.
Payments are made fortnightly in arrears.
A number of changes to PhA payability came into effect from 20 September 2009 as a result of the Secure and Sustainable Pension Reform Package.
Chapter 3 of the SSAct details the general provisions relating to payability and rates. Refer also to SS Guide 3.8.2 PhA - Qualification & Payability.
Act reference: SSAct section 1189 Analysis of Part, section 1190 Indexed and adjusted amounts, section 1191 CPI Indexation Table, section 1192 Indexation of amounts, section 1193 Indexation factor, section 1194 Rounding off indexed amounts, Chapter 3 General provisions relating to payability and rates
Policy reference: SS Guide 1.2.7.20 Pharmaceutical Allowance (PhA) - Description, 3.8.2 PhA - Qualification & Payability, 5.4.3 PhA Advance Payment, 3.12.1 Pension Supplement - Qualification & Payability
_______________________________________________________
Last reviewed: 3 January 2012
