Updated Calculation Figures for Post-Retirement Work

For calendar year 2026 the additional amount that can be added to earnings post-retirement has increased to $25,000

On July 9, 2026, Governor Healy singed the Fisal Year 2027 Annual Budget, which included two amendments to the calculation of excess earnings for retirees under Superannuation and Disability. In calculating what a retirees can earn post-retirement, retirees can now add $25,000 to their calculation. This is an increase from the previous amount of $15,000. This change is effective July 9, 2026 and will apply to earning limitations for all of calendar year 2026. Please note that it still requires a retiree under Superannuation to be retired for a full calendar year before the additonal $25,000 can be applied.

For retirees under Superannuation, the earning limitations only apply to work performed in the public sector. There are no earning limitations for work performed in the private sector.

For retirees under a Disability, the earning limitations apply to both public sector and private sector work.

Posted: to General News on Tue, Aug 4, 2026
Updated: Tue, Aug 4, 2026