Financial Aid for Pensioners: Navigating Funeral Costs
Financial Aid for Pensioners: Navigating Funeral Costs
Losing a spouse is emotionally challenging, and the added financial strain of funeral expenses can be overwhelming for pensioners. This guide aims to empower Australian pensioners by outlining the benefits they may be entitled to following the loss of a spouse.
1. Understanding Funeral Costs
Funerals come with a significant price tag, and pressure to arrange them hastily can lead to financial hardship. The historical upselling practices in the funeral industry have perpetuated a sense of shame in families trying to manage costs.
2. Settling Funeral Expenses
Options include prepaid funeral plans, funeral bonds, funeral insurance, or Centrelink allowances for those without such provisions.
3. Centrelink Offered Benefits
Pensioners may be eligible for Centrelink bereavement payments, including Partner Allowance, Pension Bonus Bereavement Payment, and Carer’s Allowance. Note: Centrelink entitlements can change.
4. External Support for Funeral Costs
Explore allowances through the Department of Veterans Affairs, insurance companies, private health funds, unions, and early release of superannuation under specified compassionate grounds.
Department of Veterans’ Affairs
- Bereavement Payment: Available to spouses, dependants, or carers of a deceased person receiving a pension.
5. Government Funeral Support
Certain states offer funeral assistance schemes for families facing financial constraints. Explore GoFundMe and other crowdfunding platforms as non-traditional means to cover funeral costs.
Funeral Assistance in Different States
- Victoria, Queensland, New South Wales, South Australia, Western Australia, Tasmania, Northern Territory: Various assistance programs.
6. Prepaid Funerals
Prepaying funerals allows individuals to articulate their wishes in advance, ensuring a dignified farewell without additional costs. Funera Sydney offers prepaid cremations tailored to Australian families' needs.
In times of grief, it's crucial not to succumb to financial pressure. Seek emotional support if needed. Remember, help is available, and financial burdens can be alleviated with careful planning and informed choices. For more information, call Funera Sydney at (02) 9954 6655.