The Australian Government provides an Age Pension as a safety net for eligible citizens who cannot fully fund their own retirement through retirement savings. Managed by and paid for via Services Australia, or Centrelink as its more commonly known, there is strict eligibility criteria, which includes residency period, age qualification and an assessment of income and assets. Due to this criteria, not every Australian will be eligible for an Age Pension.
Squeals would be heard, but there would be relatively few squealers and they might be unlikely to
‘Harsh tax' hinders those who have responsibly saved to fund their own retirement, says ISA.
Treasurer's rates review welcome news for older Australians seeking to boost their income.
Accumulating more savings could work against you come retirement time.
Older people working longer are being unfairly penalised for effectively trying to avoid pension
The OECD has released a report comparing retirement systems and Australia isn't performing as
‘It will be the death of a spouse or ill health that forces them to downsize', says research institute.
Age Pension is less than what is needed to support even a modest standard of living in retirement: ASFA
Seniors groups pressure government to reassess ‘unfair' interest rate.