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• Who can get Pension Bonus Scheme?

Who can get a Pension Bonus?

You could be paid a bonus if you:

• continue to work past the date you meet age and residence requirements for Age Pension, and
• have registered as a member of the Scheme, and
• meet a flexible work test with a minimum of 960 hours for at least one year after your registration.

You cannot be paid a bonus if you:

• have previously received Age Pension or other income support (excluding Carer Payment) since reaching Age Pension age, or
• have already received a bonus, or
• use an International Social Security Agreement to meet the residence requirements when you finally claim your bonus and Age Pension.

Register as soon as you can. For most people this will be as soon as they reach Age Pension age. If you have a partner, you must register individually. When you claim and get Age Pension or a Veterans' Affairs service pension, the bonus must be claimed at the same time.

Please Note: You cannot accrue the bonus after you reach 75 years of age.

For more information phone 13 2300 or visit your local Customer Service Centre.