On 22 April 2009 the Australian Bureau of Statistics announced a Consumer Price Index (CPI) change of -0.18% for the September 2008 to March 2009 period. To arrive at that figure, the following calculation was made:
| (Mar 2009 CPI number) - (Sept 2008 CPI number) ------------------------------- (Sept 2008 CPI number) |
× 100 | = CPI change (Sept 08 to Mar 09) |
| (166.2 - 166.5) ----------------------------- 166.5 |
× 100 | = -0.1801801% |
| = -0.18% (when rounded to the nearest tenth of one per cent) | ||
Therefore on payday 2 July 2009, your MilitarySuper pension will not be increased.
For more information on the Consumer Price Index, see the Australian Bureau of Statistics web site.
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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