Pension

  IN THIS SECTION
   Will you get a pension?
   Claiming Your Pension
   Overseas
   Age Pension
   Disability Support Pension
   Pension Bonus

The Australian government offers an Age Pension for older citizens who cannot fully fund their retirement through an allocated pension. This pension is paid through Centrelink. Pension payments are described by the government as an “adequate” income in retirement. However, many seniors would not agree as a single Age Pension entitlement, with all supplements, is currently around $19,400 per annum.

Not every Australian will be eligible for an Age Pension.

government centrelink age pensions disability seniors

There are certain income and asset tests you need to pass and also Age and Residential requirements that need to be met.

This site keeps you up-to-date with pension increases, the disability support pension and changes to Centrelink rulings including whether you can still claim your pension while overseas.

Couple's Age Pension quandary

Couple's Age Pension quandary

Jeff would like to know if he will receive a single or couples' Age Pension. ...

Top Stories

  1. Pension indexation simplified
  1. Pension Bonus decision appeal
  1. Are offset accounts an asset?
  1. Pension advance payments
  1. Will downsizing affect my pension?

Rent a room

Rent a room

Maurice Patane answers Linda’s question about renting out a room in her house.

How much pension will I get?

How much pension will I get?

Trish is having difficulty understanding how much Age Pension she’ll receive.

Income test limits for pensions

Income test limits for pensions

The new Age Pension income limits which apply from 1 July 2014 could be beneficial.

Asset test tables

Asset test tables

View the tables below to find out the Asset Test Limits.

Reversing retirement

Reversing retirement

Maurice Patane answers your questions about extra income and your Age Pension.

Financial help with downsizing

Financial help with downsizing

June recalls hearing about a program which would exclude proceeds from the sale of her ...

Will you get a pension?

Couple's Age Pension quandary

Jeff would like to know if he will receive a single or couples' Age Pension.

Will I get a couple's Age Pension?

How much pension will I get?

Trish is having difficulty understanding how much Age Pension she’ll receive.

Will it be enough?

Which Age Pension will I get?

As a New Zealand citizen, Barry is unsure if he is entitled to an Australian Age Pension.

Which Age Pension?

Age Pension

Couple's Age Pension quandary

Jeff would like to know if he will receive a single or couples' Age Pension.

Will I get a couple's Age Pension?

Changes to pensions overseas

When you leave Australia your rate of payment may change after 26 weeks.

Will you get paid less?

Pension indexation simplified

It’s important to understand which rules are currently applied to index pensions.

Find out more

Claiming Your Pension Overseas

Changes to pensions overseas

When you leave Australia your rate of payment may change after 26 weeks.

Will you get paid less?

Centrelink’s residency requirements

When applying for an Age Pension you must meet residency requirements

Can you get an Age Pension?

Overseas pensions

YOURLifeChoices subscriber Ronnie is based in the US and would like to know more about claiming an Australian Age Pension from across the pond and not being liable for tax. Q. Ronnie I'm looking for information on Australian pensions being paid while living in ...

Claim your pension overseas

Disability Support Pension

Pension advance payments

A pension advance payment could help Tracy deal with a couple of unexpected bills.

Centrelink advance payment options

Possible DSP changes

Sue has heard that there may be changes to the hours which one can work while claiming the Disability Support Pension and would like this clarified.

How many hours can you work?

Choosing the right Pension

The different features of the Age Pension and the Disability Support Pension explained

Which pension is right for you?

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Pension increases

Pension increases

From 20 March 2012 pension rates will increase in line with cost of living increases. This will result in an increase of $6.70 for a single Age Pension.

Will your pension increase?

Income test limits for pensions

Income test limits for pensions

The CPI rise in pension payments is also reflected by an increase in the amount of income you can receive before you lose your pension completely.

Centrelink income tests

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Increased asset test limits

Increased asset test limits

Asset limits have been reviewed and increased in line with recent CPI pension increases.

Centrelink asset test

Guide to Centrelink

Guide to Centrelink

YOURLifeChoices answer your questions on the Age Pension, Starting retirement and using Centrelink Online Services.

Your Centrelink questions answered