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.

Reducing your assets

Reducing your assets

Will buying a more expensive property increase pension payments?

Top Stories

  1. Indexation of CSHC limits
  1. Retiring from the workforce
  1. Income Stream Reviews go online
  1. Reversing retirement
  1. Financial help with downsizing

Carer payment and the Age Pension

Carer payment and the Age Pension

Bill is wondering how his wife’s Age pension will affect his claim for the Carer ...

Selling the family home

Selling the family home

How can downsizing the family home affect Age Pension payments?

Age Pension and overseas travel

Age Pension and overseas travel

Michael would like to know how overseas trips will affect his payments.

The PM, the Press Club & pensions

The PM, the Press Club & pensions

PM faces National Press Club to spell out agenda for families and small business.

Aged care funding options

Aged care funding options

Maurice Patane outlines some of the aged care funding options available.

Low Income Health Care Card

Low Income Health Care Card

You may qualify for a Low Income Health Care Card if your income falls below ...

Will you get a pension?

Retiring from the workforce

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

Discover your entitlements

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?

Centrelink income and asset limit update

Find out if you now qualify for a part or full Age Pension

Can you get a pension?

Age Pension

Transferring to the Age Pension

What should you consider before making the move to the Age Pension?

Which pension?

Protect the Age Pension

In October the Prime Minister Tony Abbott sent a letter to all 1.7 million Australian pensioners, suggesting that, as a result of the May Budget, they had just enjoyed a pension increase. Mr. Abbott's letter deliberately obscured an unpalatable truth: budget changes to the way the Age Pension ...

Sign our petition

What are my retirement options?

Debbie McTaggart explains why you don’t have to give up work.

Retirement Planning

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?

Pension from the UK

YOURLifeChoices subscriber, Gael, is an Australian citizen living in the UK and would like confirmation that he is unable to claim an Australian Age Pension. Q. Gael I would be grateful if you could confirm what I understand from Centrelink website ...

Claiming from the UK

Migrating to Australia

Q.Guy I am a British pensioner considering moving to Australia to be closer to my son, daughter-in-law and grandchildren. I am concerned, however, what effect this will have on my pension payments. I have tried contacting your consulate but was left even more confused than ever ...

Migrating to Australia

Disability Support Pension

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?

Planned DSP increases

Lorna would like to know if those on the Disability Support Pension will also see a rise in payments.

Debbie explains the increases

Accessibility for seniors

Learning to cope with a disability is challenging at the best of times but in today’s world, there is an abundance of resources out there to help you adapt. From everyday living to getting around, helpful advice is never far away. Getting around A big ...

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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