July 2024 Disability Pension Bonus in Australia – How to Claim and More

By Ehsteem Arif

Published on:

Anthony Albanese

Australians facing psychiatric or physical impairment due to an accident or illness receive the Disability Support Pension (DSP). However, eligibility criteria must be met to qualify. The Disability Pension Bonus Payment 2024 aims to provide financial support to older citizens with disabilities. This article details eligibility, payment dates, and how to claim this bonus.

Payment

The DSP assists Australians with psychiatric or physical impairments. The Disability Pension Bonus Payment 2024 offers additional financial support for older citizens. Many people manage to work the required hours each week and do not qualify for this bonus.

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To qualify, disabled individuals must provide evidence of their incapability to work, signed by a healthcare professional. Medical documents must include diagnosis details, tests, prescriptions, and the applicant’s signature.

Dates

Homeowners who are single will receive $301,750, and couples will get $451,500. If the asset limit is exceeded, payments are reduced by $3 per fortnight for singles and $1.50 per fortnight for couples. These details are available on the Services Australia website.

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Applicants receiving the JobSeeker payment or other allowances are exempted from DSP. Eligible individuals unable to travel via public transport might receive the Mobility Allowance. Check the myGov portal for the payment schedule.

Eligibility

To be eligible for the Disability Pension Bonus Payment, you must meet the following criteria:

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  • Permanent residency in Australia.
  • Disability must persist for more than two years.
  • An impairment rating of 20 points or more.
  • Inability to work for more than 15 hours per week due to disability.

Claim

To claim the Disability Pension Bonus, applicants must pass an asset test. The Department of Social Services considers relationship status and overall annual income. Asset tests are conducted in March, July, and September. All properties, assets outside the country, and debts are considered.

To claim the bonus:

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  1. Qualify for the Asset Test: Ensure your assets and income meet the required criteria.
  2. Submit Forms: Fill out and submit forms SA369 and SA466 on the myGov portal. Ensure your myGov account is linked with Centrelink.
  3. Upload Documents: Upload supporting documents online at servicesaustralia.gov.au/upload-your-centrelink-documents-online or send them by post to Services Australia, Disability Services, PO Box 7806, CANBERRA BC ACT 2610.

You can also visit the nearest Services Australia office for assistance. The application process takes 21 to 90 days after verification. The bonus is transferred yearly or fortnightly to beneficiaries’ bank accounts.

Important Details

The bonus amount ranges from $31.10 to $44.90 for beneficiaries with long-term disabilities or relevant proof. The benefit extends to singles, couples, divorcees, and more. This payment helps manage living expenses.

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Applicants should take their time completing forms, as the process requires patience. If you face challenges, call 132717 for assistance. Officials can explain the forms in your native language.

Older citizens are encouraged not to rely solely on pensions. Investing in mutual funds or the stock market can provide passive income and help build savings.

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With this support, eligible Australians can better manage their finances and improve their quality of life.

FAQs

Who is eligible for the Disability Pension Bonus?

Permanent residents with a disability lasting over two years and an impairment rating of 20 points or more.

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How do I apply for the Disability Pension Bonus?

Submit forms SA369 and SA466 on the myGov portal linked with Centrelink.

What is the asset limit for the DSP bonus?

$301,750 for singles and $451,500 for couples.

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How long does it take to process the application?

21 to 90 days after verification.

Can I get help filling out the forms?

Yes, call 132717 for assistance in your native language.

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Disclaimer- We are committed to fair and transparent journalism. Our Journalists verify all details before publishing any news. For any issues with our content, please contact us via email. 

Ehsteem Arif

A tax law expert with a knack for breaking down complex regulations into digestible insights. Ehsteem's articles on the tax news blog offer invaluable guidance to readers navigating changes in tax legislation.

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