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Factsheet IS144 - Pension Paydays, Allowance Payment Dates & Pension Periods - 2018

Purpose

This Factsheet provides information on how a ‘pension period’ relates to the instalment of pension paid to you each fortnight.

The Factsheet lists:

  • the pension periods for the year 2018
  • pension paydays
  • pension supplement payment dates (where you have elected to receive some of your pension supplement quarterly)
  • energy supplement.

This information is for service pensioners, war widow/ers who receive income support supplement, age pensioners paid by DVA, Commonwealth Seniors Health Card holders and eligible Gold Card holders who receive their energy supplement from DVA.

What is a pension period?

A 'pension period' is 14 days long, starting on a Tuesday and ending a fortnight later on the Monday before pension payday.  Your pension instalment is the sum of the pension amounts you are entitled to for each of the 14 days in the pension period.  Changes to your personal, residential and financial circumstances may mean that pension amounts owed to you will need to be reviewed.  We always aim to review your pension amount quickly.  Wherever possible, we aim to complete the review so that changes to your pension during a pension period are reflected in the next pension instalment that we pay you.  If the review is unable to be completed in time for the next pension instalment, we may then need to make an appropriate adjustment to your pension (up or down) in a later instalment.  You can assist by telling us about your changes within 14 days of them happening.

Here is a diagram to illustrate the ‘14 Day Pension Period’.

Sun Mon Tue Wed Thu Fri Sat
    Day 1 Day 2 Day 3 Day 4 Day 5
Day 6 Day 7 Day 8 Day 9 Day 10 Day 11 Day 12
Day 13 Day 14     PAYDAY    
 

Pension periods for 2018

A list of pension periods for the 2018 year is on the following pages.  The 14 day pension periods are shaded alternately in grey and white.  The months of the year are listed down the left side of the page.

*Note: - Some paydays include quarterly pension supplement (PSup) and quarterly energy supplement for CSHC and eligible Gold Card holders’ (ESup).

Pension indexation increases and paydays

For the first payday occurring after an indexation increase, your pension is calculated for part of the fortnight where the old rate is correct and the rest of the fortnight at the new increased rate.  This ensures that you receive your correct daily entitlement.

Pensions are paid fortnightly, but calculated on a daily entitlement basis. This means that your first full payment at the new rate of pension will be paid from the 2nd payday after the indexation date.

Obligations

Do tell us about changes to your circumstances within 14 days (or 28 days for those who live overseas or receive remote area allowance).

Do tell us the date the change occurred.

For more informaion about your obligations, please see Factsheet IS137 What You Need to Tell Us About

More Information

DVA General Enquiries

Phone: 1800 555 254 *

Email: GeneralEnquiries@dva.gov.au

DVA Website: www.dva.gov.au

Factsheet Website: www.dva.gov.au/factsheets

* Calls from mobile phones and pay phones may incur additional charges.

Related Factsheets

Disclaimer

The information contained in this Factsheet is general in nature and does not take into account individual circumstances.  You should not make important decisions, such as those that affect your financial or lifestyle position on the basis of information contained in this Factsheet.  Where you are required to lodge a written claim for a benefit, you must take full responsibility for your decisions prior to the written claim being determined.  You should seek confirmation in writing of any oral advice you receive from DVA.

2018 Pension Periods

 


  SUN MON TUE WED THUR FRI SAT
January   1 2 3 4 Payday 5 6
7 8 9 10 11 12 13
14 15 16 17 18 Payday 19 20
21 22 23 24 25 26 27
28 29 30 31 1 Payday 2 3
February 4 5 6 7 8 9 10
11 12 13 14 15 Payday 16 17
18 19 20 21 22 23 24
25 26 27 28 1 Payday 2 3
March 4 5 6 7 8 9 10
11 12 13 14 15 Payday 16 17
18 19 20 21 22 23 24
25 26 27 28 29 Payday 30 31
April 1 2 3 4 5 6 7
8 9 10 11 12 Payday 13 14
15 16 17 18 19 20 21
22 23 24 25 26 Payday 27 28
May 29 30 1 2 3 4 5
6 7 8 9 10 Payday 11 12
13 14 15 16 17 18 19
20 21 22 23 24 Payday 25 26
27 28 29 30 31 1 2
June 3 4 5 6 7 Payday 8 9
10 11 12 13 14 15 16
17 18 19 20 21 Payday 22 23
24 25 26 27 28 29 30
July 1 2 3 4 5 Payday 6 7
8 9 10 11 12 13 14
15 16 17 18 19 Payday 20 21
22 23 24 25 26 27 28
August 29 30 31 1 2 Payday 3 4
5 6 7 8 9 10 11
12 13 14 15 16 Payday 17 18
19 20 21 22 23 24 25
26 27 28 29 30 Payday 31 1
September 2 3 4 5 6 7 8
9 10 11 12 13 Payday 14 15
16 17 18 19 20 21 22
23 24 25 26 27 Payday 28 29
October 30 1 2 3 4 5 6
7 8 9 10 11 Payday 12 13
14 15 16 17 18 19 20
21 22 23 24 25 Payday 26 27
28 29 30 31 1 2 3
November 4 5 6 7 8 Payday 9 10
11 12 13 14 15 16 17
18 19 20 21 22 Payday 23 24
25 26 27 28 29 30 1
December 2 3 4 5 6 Payday 7 8
9 10 11 12 13 14 15
16 17 18 19 20 Payday 21 22
23 24 25 26 27 28 29
30 31 1 2 3 Payday 4 5

 

 

Average: 3.5 (18 votes)
7 December 2017