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Blogs by Vena McGrath
Commonwealth Pension Bonus Scheme
6/20/2009 12:22:44 AM
Have you gone past the legal retirement age for Australian citizens? Are you still working full-time or part-time? Have you registered for the Pension Bonus Scheme yet?
Contact Centrelink without delay if you are eligible to receive the Pension but are still working because you can register for the Commonwealth Pension Bonus Scheme but you have to fill in the paperwork. The scheme closes on 30 September this year so if you haven't registered and you are eligible to register, you will miss out!
For working 5 years after you could have taken the Pension you will receive up to $33,000 tax free as a bonus if you are single. For 1 year it is $1,500 for a single person and it increases appreciably each year. But the catch is that you have to register and be accepted - so get to it quick and don't miss out on what you are entitled to :)For the full amount you need to earn less than $50,000 gross but the bonus scheme is adjusted according to your income if it is higher than $50,000 gross.
Good luck
Vena
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More Blogs by Vena McGrath
• Moving House - Sunday, December 04, 2011
• Where does the time go? - Friday, July 15, 2011
• Missing in Action/Catch-up time - Friday, September 17, 2010
• 3 October 2009 11.39 am - Friday, October 02, 2009
• Commonwealth Pension Bonus Scheme - Saturday, June 20, 2009
• Monday 4 May 2009 - 11.26 am - Sunday, May 03, 2009
• Easter Saturday 2009 - 11.37 am - Friday, April 10, 2009
• 2 March 2009 - 11.07 am - Sunday, March 01, 2009
• Saturday 31 January 2009 - 4.20PM - Friday, January 30, 2009
• January 2009 disappearing off the calendar - Friday, January 23, 2009
• Wednesday 7 January 2009, 1.50 pm - Tuesday, January 06, 2009
• Tuesday 23 December 2008 - 1754 hours - Monday, December 22, 2008
• Monday 24 November 2008 - 8.48 pm eastern standard daylight saving time Sydney Australia - Monday, November 24, 2008
• Monday 10 November 2008 - 12.10 am - Sunday, November 09, 2008
• Friday 26 September 2008 - 8.30 pm EST - Friday, September 26, 2008
• Saturday 13 September 2008 - Friday, September 12, 2008
• Saturday 5 July 2008 - 10.15 am - Friday, July 04, 2008
• Trees - Tuesday, June 10, 2008
• Monday 9 June 2008 - Monday, June 09, 2008
• Sunday 4 May 2008 - Saturday, May 03, 2008
• Easter 2008 in Sydney Australia - Thursday, March 20, 2008
• Sunday 24 February 2008 - Saturday, February 23, 2008
• 15 January 2008 - Monday, January 14, 2008
• 29 December 2007 - 1302 - Friday, December 28, 2007
• Christmas Eve - 4.50 pm dst Sydney Australia - Sunday, December 23, 2007
• Thursday 15 November 2007 - When Death Calls - Wednesday, November 14, 2007
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• Rain, rain, and then ... more rain! - Saturday, June 09, 2007
• MySpace - Tuesday 29 May - 9.27 pm EST Sydney - Tuesday, May 29, 2007
• Saturday 26 May 2007 = 8.16 pm EST - Saturday, May 26, 2007
• Saturday 19 May 2007 - 12.15 pm EST - Friday, May 18, 2007
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• Anzac Day 2007 - Tuesday, April 24, 2007
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• Thursday 22 February 2007 = 9,07 pm - Thursday, February 22, 2007
• Thursday 15 February 2007 - 7.17 am - Wednesday, February 14, 2007
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• Friday 2 February 2007 ... 9.34 pm Sydney Australia - Friday, February 02, 2007
• Today is 27/1/07 - Time 9.25 am Sydney Daylight Saving - Friday, January 26, 2007
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• Tuesday 26 December - Boxing Day - Monday, December 25, 2006
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• The Dilemma of Shaye - Saturday, December 02, 2006
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