Document ID: chunk:federal_register_of_legislation:C2025C00162:section:93j:p1
Version: federal_register_of_legislation:C2025C00162
Segment Type: section
Provision Reference: s 93J (pt 1/2)
Character Range: 466697–469225

93J  Amount of pension bonus

No change in couple status during overall qualifying period
 (1) If:
 (a) a person was a member of a couple throughout the person's overall qualifying period; or
 (b) a person was not a member of a couple at any time during the person's overall qualifying period;
the amount of the person's pension bonus is worked out using the following formula (for rounding up, see subsection (7)):

Change in couple status during overall qualifying period
 (2) If subsection (1) does not apply to a person, the amount of the person's pension bonus is worked out using the following formula (for rounding up, see subsection (7)):
 (3) For the purposes of this section, a person's annual notional single pension rate is equal to:
 (a) if the person is not permanently blind—the adjusted percentage of the sum of:
 (i) the person's maximum basic rate under Table B in point 1064‑B1; and
 (ii) the amount worked out for the person using the table in subsection 93H(4);
  calculated in each case as at the start day for the age pension and assuming that the person was not a member of a couple at that day; or
 (b) if the person is permanently blind—the sum of:
 (i) the person's maximum basic rate under Table B in point 1065‑B1; and
 (ii) the amount worked out for the person using the table in subsection 93H(4);
  calculated in each case as at the start day for the age pension and assuming that the person was not a member of a couple at that day.
 (4) For the purposes of this section, a person's annual notional partnered pension rate is equal to:
 (a) if the person is not permanently blind—the adjusted percentage of the sum of:
 (i) the person's maximum basic rate under Table B in point 1064‑B1; and
 (ii) the amount worked out for the person using the table in subsection 93H(4);
  calculated in each case as at the start day for the age pension and assuming that the person was a member of a couple at that day; or
 (b) if the person is permanently blind—the sum of:
 (i) the person's maximum basic rate under Table B in point 1065‑B1; and
 (ii) the amount worked out for the person using the table in subsection 93H(4);
  calculated in each case as at the start day for the age pension and assuming that the person was a member of a couple at that day.
 (5) For the purposes of this section, a person's adjusted percentage is the percentage worked out using the following formula (for rounding up, see subsection (8)):
where:
maximum basic rate is the sum of the person's maximum basic rate worked out