Secure and Sustainable Pensions

The 2009-10 Budget introduces pension system reforms to ensure secure and sustainable pensions.

The Government’s $14.2 billion pension reform package will:

  • ensure that pensioners receive an adequate level of support, with a minimum payment increase for all pensioners and greater ongoing certainty about payments

  • make the pension system simpler to understand and more flexible, so that pensioners can plan and budget more effectively and securely

  • build a pension system that is sustainable, both now and into the future.

The reforms are principally focused on addressing the inadequacy of the single pension. Tough decisions have been necessary to ensure the pension system is sustainable and provides an adequate safety net for all Australians into the future.

For more information:

For telephone inquiries call Centrelink on:
13 23 00 retirement services
13 27 17 disability, sickness or carers pensioners.

Content Updated: 18 May 2012