Pension Administration Service | Bi-Annual Benefits | CPI Update | Latest Date to make changes to payments | Medicare
Your superannuation pension can be affected by movement in the Consumer Price Index (CPI)
On 22 April 2009 the Australian Bureau of Statistics announced a CPI change of -0.18% for the September 2008 to March 2009 period. To arrive at that figure, the following calculation was made:
Therefore, on payday 2 July 2009, your superannuation pension will not be increased.
Please Note: If the movement in the CPI is less than zero, your pension will not be changed for that six month period.