by Grant J Everett
Are you on welfare payments? Making plans for the future? Need some numbers for a budgeting mock-up? Don’t feel like waiting on hold with Centrelink for eight hours? Then the online pension calculator is for you!
The calculator can be used to work out all sorts of potential situations, such as seeing the effect that some extra hours at work would have on your welfare payment, or seeing the effect of a rent increase, or the expense of a major life event. As knowing how to best balance your work income with your Disability Support Pension can be tricky, the estimator can help you get everything in order.
Note that you may need to have some paperwork at hand if you want to get a precise number, and keep in mind that payments and other Centrelink factors may change with time. You’ll need your income details, bank account details (as well as investment information and that sort of thing), your rent, and that sort of thing.
- Go to: www.humanservices.gov.au
- Go to the bottom of the page, look under Customer Information (second column from the left) and click on Estimate.
- Click on Launch the Rate Estimator.
- Follow the prompts.