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About Your Benefit

Pension Administration Service | Bi-Annual Benefits | CPI Update | Latest Date | Medicare | Cessation

CPI Update

On 23 April 2008 the Australian Bureau of Statistics announced a Consumer Price Index (CPI) change of 2.3% for the September 2007 to March 2008 period. To arrive at that figure, the following calculation was made:

(Mar 2008 CPI number) - (Sept 2007CPI number)
-------------------------------
(Sept 2007 CPI number)		 × 100 = CPI change (Sept 07 to Mar 08)
(162.2 - 158.6)
-----------------------------
158.6		 × 100 = 2.269861286%
  = 2.3% (when rounded to the nearest tenth of one per cent)

On payday 3 July 2008, the part of your superannuation pension that is subject to CPI increases by 2.3%.

More Information

Links

For more information on the Consumer Price Index, see the Australian Bureau of Statistics web site.

Customer Service Centre

For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, see the Customer Service Centre.

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