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Pension Bonus SchemeThe 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: The Pension Bonus Scheme is expected to close to new entrants from 20 September 2009. This change limits new entrants to the Pension Bonus Scheme to those who qualify for Age Pension before 20 September 2009.
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