What is the Pension Bonus work test?The work test for the Pension Bonus Scheme (PBS) requires you to complete at least 960 hours of 'gainful' work each year (that is, an average 20 hours per week over 48 weeks or 18.46 hours per week over a year). At least 640 of these hours must be worked in Australia. Leave (like time off for holidays) does not count as work for the PBS. The work test is flexible enough to meet all types of working patterns, such as seasonal work, as well as regular hours. For example, you can meet the work test (that is, 960 hours a year) if you work 30 hours per week over a total period of 32 weeks. If you have a partner, only one person needs to pass the work test, but both of you must be registered members of the PBS. However, if you both work, you cannot combine your work hours to meet the work test. For example:
What is 'gainful' work?The work test requires that your work:
Generally, managing family financial investments (such as a family company or trust) does not count as gainful work. Financial investments could include shares, managed investments, bank accounts, and so on. If your work involves a commercial business, then the work test may be satisfied. If you are earning money by doing domestic duties in other people's homes, or if you are self-employed with a cleaning business, you would meet the requirements of the work test. However, domestic duties in your own home do not count as gainful work. For more information about the work test, phone 13 2300 or visit a Centrelink Customer Service Centre. Did you find what you were looking for? You can also try the A-Z list, quick links, search, site help or send us feedback on how to make this a better website. |