In September 2024, eligible Australians, particularly parents and seniors, can receive financial assistance through a combination of the $28.30 Pension Supplement and $987.70 Parenting Payment.
These payments are provided by Centrelink under the Australian Government’s social support system.
The payments are designed to help cover essential living costs, such as housing, utilities, food, and healthcare, ensuring families and pensioners have financial stability.
Here’s everything you need to know about the eligibility criteria, application process, and payment schedule.
Australia $28.30 Pension Supplement + $987.70 Payment
The Parenting Payment and Pension Supplement are two forms of financial assistance provided by the Australian Government to support parents and seniors:
- Parenting Payment: Offers up to $987.70 for single parents caring for a young child. This payment is meant to cover child-rearing expenses such as food, clothing, and education.
- Pension Supplement: Provides an additional $28.30 to eligible seniors who receive the Age Pension. This supplement is intended to help cover the rising costs of utilities, healthcare, and housing.
Eligibility for the $28.30 Pension Supplement + $987.70 Payment
To qualify for the Parenting Payment or the Pension Supplement, individuals must meet specific criteria.
Eligibility for Parenting Payment
- Principal Carer Rules: The candidate must be the primary caregiver of a child. Single parents can claim the Parenting Payment for children under 8 years old, while partnered parents are eligible if their child is under 6 years old.
- Residency Requirements: The individual must be an Australian resident and physically present in Australia when they apply for the payment.
- Income and Assets Tests: Income and assets must fall within specific limits:
- Single parents can earn up to $220.60 per fortnight before their payment is reduced.
- Homeowners must have assets valued below $314,000 to remain eligible.
Eligibility for Pension Supplement
- Age Pension Requirement: To receive the $28.30 Pension Supplement, individuals must already be receiving the Age Pension.
- Income and Assets Limits: Pensioners must meet the income and asset thresholds set by Centrelink to qualify for the supplement.
How to Apply for the $28.30 Pension Supplement + $987.70 Payment
Applying for these payments can be done through the myGov portal, which is linked to Centrelink. Here’s a step-by-step guide on how to apply:
- Create a myGov Account: If you don’t have a myGov account, you’ll need to create one. Link it to Centrelink to start the application process.
- Complete the Application: Fill out the required claim forms online. You’ll need to provide personal information such as your tax file number, banking details, and proof of residency.
- Submit Supporting Documents: In some cases, you may need to submit additional documents to verify your eligibility, such as proof of income or medical certificates (if applicable).
- Wait for Approval: Once your application is submitted, Centrelink will review it. If approved, your payment will be deposited directly into your bank account.
Payment Dates for September 2024
For September 2024, the Parenting Payment and Pension Supplement will follow the standard fortnightly payment schedule. Payments are typically dispersed on a set date depending on when your claim is approved.
However, adjustments may be made in March and September each year to account for inflation and the rising cost of living.
For September 2024, the payments are expected to be delivered based on Centrelink’s regular timetable, ensuring that recipients have consistent financial support. Any updates regarding payment dates will be reflected on Service Australia’s official website.
Breakdown of Payment Amounts
The exact payment amount varies based on individual circumstances, including relationship status and health conditions. Here’s a breakdown of what eligible individuals can expect:
| Category | Fortnightly Payment |
|---|---|
| Single parents | $987.70 (includes $28.30 supplement) |
| Partnered parents | $698.30 |
| Single parents separated due to illness | $816.90 |
| Maximum asset threshold for homeowners | $314,000 |
This financial support structure aims to assist with essential costs such as rent, utilities, and food, providing much-needed relief for parents and seniors alike.
The $28.30 Pension Supplement and $987.70 Parenting Payment in September 2024 are part of the Australian Government’s broader effort to support low-income parents and seniors.
By following the steps to apply through the myGov portal and ensuring you meet the eligibility criteria, you can secure this vital financial support.
For more details on these payments, including eligibility criteria and payment dates, visit the Services Australia website or the official Centrelink page.
FAQs
Who is eligible for the $987.70 Parenting Payment?
Single parents of children under 8, or partnered parents with children under 6.
How do I apply for the Pension Supplement?
Apply through the myGov portal linked to Centrelink by filling out the required forms.
When will the August 2024 payments be made?
Payments will follow Centrelink’s usual fortnightly schedule.
What is the maximum Pension Supplement?
Eligible seniors can receive an additional $28.30 per fortnight.
What are the income limits for Parenting Payment eligibility?
Single parents can earn up to $220.60 per fortnight before their payment is reduced.
