Photo of older man at computer desk

Work Bonus win means more income for pensioners

On 1 January 2024, the Work Bonus increased by $4,000 to $11,800 per annum, permanently.

Published: 24 January 2024
  • national
  • 24 January 2024
  • National Seniors

It’s a significant victory for older Australians who want to work in later life.

How the new system operates is a bit complicated, but the good news is you do not need to apply separately for any part of the Work Bonus. As with other Age Pension obligations, you just need to declare your income.

You can see your Work Bonus balance online at any time through the myGov/Centrelink portal.