Pension Bonus Scheme

The Pension Bonus Scheme is a voluntary scheme that rewards people who decide to defer claiming Age Pension or a service pension from the Department of Veterans’ Affairs and keep on doing some paid work.

Under the scheme, you can keep on working and accrue periods of work which count towards a lump sum bonus when you stop working and claim Age Pension.

Note: To join the Pension Bonus Scheme you must first qualify for Age Pension before 20 September 2009.