When you perform abdominal exercises, you often target your upper or lower abdomen for work. While standard crunches or curls will put stress on the upper abs, reverse crunches or hip lifts will blast the lower abs. You may think youâre working two muscles, but the abdominal muscle, or rectus abdominis, is technically a single long muscle.
The Age Pension currently pays a maximum rate of $827.10 per fortnight (around $21,500 per year) for singles and $1,246.80 (around $32,500 per year) for couples combined. For singles, $751.70 of this payment represents the maximum base rate and the remaining $75.40 is paid through various supplements.he Age Pension age (the age at which a person can access the Age Pension) is currently 65 for men and 64.5 for women (but will soon increase to 65). From 2017 the Age Pension age will be increased by half a year every two years and will reach 67 by 2023.
âThe lower deeming rate will decrease from 2 per cent to 1.75 per cent for financial investments up to $48,000 for single pensioners and allowees, $79,600 for pensioner couples and $39,800 for each member of an allowee couple,â said Mr Morrison.The upper deeming rate will also decrease from the current 3.50% to 3.25%.Both the decrease in the deeming rate and an indexation increase to the age pension will apply from 20 March. Source: Department of Social Services, Guide to Social Security Law.The lower deeming rate will decrease from 2 per cent to 1.75 per cent for financial investments up to $48,000 for single pensioners and allowees, $79,600 for pensioner couples and $39,800 for each member of an allowee couple,â said Mr Morrison. The upper deeming rate will also decrease from the current 3.50% to 3.25%.