For pensioners in Australia, the 2021 budget includes a one-off, $750 payment for those who receive the Age Pension, Disability Support Pension, Carer Payment, and Veterans’ Affairs income support payments. This payment is part of the Government’s coronavirus economic response package and is designed to provide additional financial support to those who need it most.
Next $750 Pensioner Payment 2021
The 2021 budget includes a one-off, $750 payment for those who receive the Age Pension, Disability Support Pension, Carer Payment, and Veterans’ Affairs income support payments. This payment is part of the Government’s coronavirus economic response package and is designed to provide additional financial support to those who need it most.
When to Expect It
The payment is due to be made in December 2020. However, it is important to note that the payment is being staggered, with some pensioners receiving the payment earlier or later than others. Those who receive the Age Pension, Carer Payment, or Veterans’ Affairs income support payments will receive the payment from the week beginning December 7th. Those who receive the Disability Support Pension will receive the payment from the week beginning December 14th.
The payment will be made automatically and will be deposited into the recipient’s nominated bank account. If a recipient does not have a nominated bank account, they will receive the payment as a cheque.
It is important to note that the payment is only available to those who receive the above payments as of November 30th, 2020. Those who start receiving these payments after this date will not be eligible for the payment.
The $750 payment is a one-off, but it is designed to provide additional financial support to those who need it most. Those who receive the Age Pension, Disability Support Pension, Carer Payment, and Veterans’ Affairs income support payments should expect to receive the payment in December 2020. However, it is important to note that the payment is being staggered, with some pensioners receiving the payment earlier or later than others.
