War pensions and allowances increase
All War Pensions and Allowances available to Veterans increased from 1 April 2010 as part of the annual cost of living adjustment.
The increase of 1.96 per cent equates to the increase in the cost of living for the year to December 2009, as measured by the Consumers Price Index (CPI). It recognises that the increased cost of living for veterans is a concern.
“Veterans who rely on their pension and allowances to help fund healthcare and other necessities shouldn’t be disadvantaged by the increased cost of living,” Minister of Veterans Affairs Judith Collins said.
Examples of the increases are:
- A veteran on a 100 per cent War Disablement Pension will now receive a tax free payment of $191.86 per week.
- A Surviving Spouse’s Pension will increase to $141.52 per week, tax free.
This page was last reviewed
18 April, 2012
and is current.