Campaign to change
the Aged Pension work bonus system and encourage Pensioners to rejoin the Workforce
The current ‘Work Bonus’ system discourages Aged Pensioners from returning to the Workforce. Anything EARNED from physical work (not investments etc) over $300 per fortnight ($150 per week) reduces their pension by 50 cents in every dollar, 50%. Pension deduction distribution for couples also results in an inflated taxable amount for the worker.