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Maximum transitional pension rate
The maximum transitional pension rate was introduced on 20 September 2009 as a part of the transitional provisions of the Secure and Sustainable Pension reform package. The rate on 20 September 2009 was the total of the maximum basic rate, GST supplement, pharmaceutical allowance, telephone allowance, utilities allowance (all indexed to CPI only) plus an extra amount of approximately $10.10 per fortnight. The maximum transitional pension rate is indexed to CPI (only) on 20 March and 20 September each year. The maximum transitional pension rate will apply until the point in time when the person would receive a higher rate of pension under the non-transitional rules.
Goods and Services Tax
Pharmaceutical Allowance was rolled into other payments and ceased to exist in the VEA and MRCA on 20 September 2009. PA that was paid to income support pensioners was rolled into the pension supplement. For war widows, it was added to a component of the war widow pension. For other payment recipients, PA was replaced with the veterans supplement.
Telephone Allowance was rolled into other payments and ceased to be paid on 20 September 2009. For income support recipients, TA was rolled into the pension supplement. For CSHC and gold card holders (not receiving income support).TA was rolled into the Seniors supplement. Disability pensioners (not receiving income support) receive a veterans supplement instead of TA.
Utilities Allowance was rolled into the pension supplement and ceased to be paid on 20 September 2009.
The consumer price index (CPI) provides the official measure of inflation in Australia. The CPI measures quarterly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households).
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