Seniors say government recognition scheme's modest increase needs to match inflation | NT Independent

Seniors say government recognition scheme’s modest increase needs to match inflation

by | Mar 14, 2023 | News, Subscriber | 0 comments

The peak body representing the Territory’s seniors has again asked the Territory Government to increase its annual $500 Seniors Recognition Scheme in light of aged pensioners being hit harder than ever by the skyrocketing cost of living.

The Council on the Ageing NT (COTA) pointed out that the current SRS barely covers basic needs, despite a 3.7 per cent increase in the pension for all Australians starting March 20 this year.

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