You’ll accrue $300 to your Work Bonus balance each fortnight, up to a maximum of $11,800.
If your Centrelink online account is linked to myGov, you can check your Work Bonus balance online.
To do this:
- Sign in to myGov.
- Under Payments and claims select My payments.
Starting balance
The starting balance for your Work Bonus depends on when you submit your claim.
Claims submitted before 1 July 2024
If you lodged a claim between 1 December 2022 and 30 June 2024 you’ll get a one-off boost of $4,000 to your Work Bonus balance if haven’t received one before.
Your total Work Bonus balance can’t be more than the maximum of $11,800.
Claims submitted after 1 July 2024
When you claim an eligible payment for the first time, you’ll start with a Work Bonus balance of $4,000.
If you’re re-claiming an eligible payment, any Work Bonus balance you already had will carry over. If your balance is less than $4000, your balance may be topped up to $4,000 if it hasn’t been topped up in the last 2 years.
You’ll also get a one-off boost to your Work Bonus balance of $4,000 if you meet all the following:
- you were over Age Pension age and getting a Work Bonus eligible payment before 1 December 2022
- you stopped getting a Work Bonus eligible payment before 1 December 2022
- you haven’t got a one-off Work Bonus balance boost of $4,000 before.