What’s Changed in the Work Bonus? Important Information for Pensioners

Описание: What’s Changed in the Work Bonus? Important Information for Pensioners


In this update, we clearly explain how the Work Bonus works, who it applies to, and how employment income is assessed under the Age Pension income test. You’ll learn how unused Work Bonus credits can accumulate, how they’re applied when you start working, and why accurate income reporting is so important.
We also walk through real-life examples to help you understand how pension payments and work income interact, including common situations such as casual work, short-term jobs, and changes in working hours. If you’re part of a couple, self-employed, or worried about how working could affect concession cards or other benefits, this video covers those concerns in a clear and practical way.
The Work Bonus is designed to support choice and flexibility, allowing pensioners to stay active, earn extra income, and manage rising living costs without unnecessary stress. Understanding the rules can help you make informed decisions and avoid unexpected payment issues later.
This video is for general information only and does not replace advice from Services Australia or a qualified financial professional. Rules and personal circumstances vary, so always check how the Work Bonus applies to your own situation.
Subscribe to Centrelink Daily for clear, reliable updates on Age Pension rules, Centrelink changes, and important information for older Australians. Share this video with anyone who may benefit from understanding how the Work Bonus really works.


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Disclaimer
This video is for informational and educational purposes only. Centrelink Daily is not affiliated with Centrelink, Services Australia, or any Australian government agency. All information is based on publicly available sources at the time of publishing. Payment rules, eligibility, and dates may change without notice. Always confirm details through official government websites or Centrelink directly. This channel does not provide legal, financial, or professional advice. Viewers are responsible for any decisions they make based on this content.