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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. 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.
There are certain income and asset tests you need to pass and also Age and Residential requirements that need to be met.
We'll also keep you up-to-date with pension increases, changes to Centrelink rulings and if you can still claim your pension while overseas.
Pension increases
From 20 March 2012 pension rates will increase in line with cost of living increases.
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By how much will my pension be reduced?
YOURLifeChoices subscriber Peter is currently receiving a full Age Pension but has ...
Will I get a pension bonus?
Paula is contemplating retirement when she turns 64 next year but is unsure if ...
