The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.A.60 Adjusted percentage (PBS)

Definition

For the purposes of PBS, the adjusted percentage is the formula used to work out:

a person's annual notional single pension rate (1.1.A.150), OR
the annual notional partnered pension rate (1.1.A.140).

This is used to calculate the amount of pension bonus payable.

The adjusted percentage is only used where the person has had a change in marital status during the last 5 years of accruing membership (1.1.A.20).

Act reference: SSAct section 93J(5) For the purposes of this section, a person's adjusted percentage is …

Last reviewed: 6 February 2023

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