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.

Will your pension be affected?

Will your pension be affected?

UK pension reforms are set to affect those living outside the British Isles.

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International Social Security Agreements

International Social Security Agreements

Is your pension covered by an International Social Security Agreement?

How much Age Pension will we lose?

How much Age Pension will we lose?

How much could you lose by having an overseas pension?

Can I claim the Pension Bonus?

Can I claim the Pension Bonus?

How do you know if you’re eligible for the Pension Bonus?

Pension increases clarified

Pension increases clarified

Debbie clarifies what people should be receiving with the pension increases

Retiring from the workforce

Retiring from the workforce

Can you get the Age Pension if you stop working before 65?

Asset test tables

Asset test tables

View the tables below to find out the Asset Test Limits for allowances and pensions ...

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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

Utility bills are on the rise

Utility bills are on the rise

YOURLifeChoices shows how to reduce your power costs and make your life that little bit easier.

Reduce your power costs now

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