{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/work_bonus_balance_max.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "work_bonus_balance_max",
    "former_ids": [],
    "label": "Work Bonus: maximum balance",
    "category": "pension_income_test",
    "category_label": "Age Pension income test",
    "concept": "age_pension.work_bonus.balance_max",
    "kind": "cap",
    "dimensions": {},
    "value": 11800,
    "display_value": "$11,800",
    "unit": {
      "code": "AUD",
      "plain": "Australian dollars",
      "quantity": "money",
      "currency": "AUD",
      "per": null,
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2022-12-01",
    "effective_from_basis": "value",
    "validity": {
      "from": "2022-12-01",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "legislated",
    "review_dates": [],
    "source": {
      "title": "How the Work Bonus works",
      "publisher": "Services Australia",
      "url": "https://www.servicesaustralia.gov.au/how-work-bonus-works",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "First applied as a temporary limit from 1 December 2022 (Social Services and Other Legislation Amendment (Workforce Incentive) Act 2022) and made permanent from 1 January 2024 (Social Security and Other Legislation Amendment (Supporting the Transition to Work) Act 2023).",
    "conditions": [],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [
      {
        "instrument": "Social Services and Other Legislation Amendment (Workforce Incentive) Act 2022",
        "role": "effective_date"
      },
      {
        "instrument": "Social Security and Other Legislation Amendment (Supporting the Transition to Work) Act 2023",
        "role": "effective_date"
      }
    ],
    "derivation": null,
    "related": {
      "same_concept": [],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 3,
      "recorded_at": "2026-10-11T08:24:25Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Work Bonus: maximum balance: $11,800, applies from 1 December 2022. Official source: Services Australia, How the Work Bonus works (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/pension-income-test/work-bonus-balance-max/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/work_bonus_balance_max.json",
      "page": "https://retirementwealth.com.au/rules/pension-income-test/work-bonus-balance-max/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/work_bonus_balance_max/2022-12-01.json"
    },
    "timeline": [
      {
        "value": 11800,
        "display_value": "$11,800",
        "ratio": null,
        "effective_from": "2022-12-01",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "How the Work Bonus works",
          "publisher": "Services Australia",
          "url": "https://www.servicesaustralia.gov.au/how-work-bonus-works",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/work_bonus_balance_max/2022-12-01.json"
      },
      {
        "value": 7800,
        "display_value": "$7,800",
        "ratio": null,
        "effective_from": "2019-07-01",
        "effective_to": "2022-11-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019",
          "publisher": "legislation.gov.au",
          "url": "https://www.legislation.gov.au/C2019A00005/asmade/2019-03-01/text/original/epub/OEBPS/document_1/document_1.html",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/work_bonus_balance_max/2019-07-01.json"
      },
      {
        "value": 6500,
        "display_value": "$6,500",
        "ratio": null,
        "effective_from": null,
        "effective_to": "2019-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Act 2019",
          "publisher": "legislation.gov.au",
          "url": "https://www.legislation.gov.au/C2019A00005/asmade/2019-03-01/text/original/epub/OEBPS/document_1/document_1.html",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": "The amount this Act replaced. The Act does not state when it started.",
        "url": null
      }
    ]
  }
}