If you’re an eligible pensioner, the Work Bonus can help you earn more income from working without reducing your pension.
You have until 31 December 2023 to use your increased Work Bonus balance to offset your employment income. You don’t need to do anything. You’ll see the increase in your balance from 1 December 2022.
If you’re Age Pension age and over and get certain payments, you may want to keep doing some work. The Work Bonus lets you earn more income without reducing your pension.
Work Bonus is not money you can draw on to use for other things. You can use it to help you keep more of your pension if you’re working.
Page last updated: 1 December 2022
This information was printed 9 December 2022 from https://www.servicesaustralia.gov.au/work-bonus. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/site-notices when using this material.