Work Bonus

If you’re an eligible pensioner, the Work Bonus can help you earn more income from working without reducing your pension.

Work Bonus increase

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