Government benefits to working longer

YOURLifeChoices member Dennis has continued to work past the age of 65 but isn’t aware of any benefits to which he may be entitled. Debbie has a timely reminder of what his entitlements may be.

Q. Priscilla

My husband turned 65 last March and he is still working full time.  Can you please tell us of any Government benefits available for staying in the workforce?

A. Priscilla, many older Australians opt to work past Age Pension age and by doing so, assume they are not eligible for the Age Pension.

In 2009, the Government introduced the Work Bonus, which excludes the first $250 of fortnightly income from assessment for the Age Pension. Depending on your husband’s income, this may mean that he is still able to qualify for a part Age Pension.  If this is the case, then he will qualify for a pensioner concession card which will entitle both of you to concessions on such items as prescription charges, utility bills and vehicle registration costs. You can find out more about the Work Bonus by clicking here.

Also, he may be entitled to a Seniors Card; however, working full time usually excludes you from eligibility. Eligibility criteria do vary between states and territories so it would be worthwhile checking with your local Seniors Card office.

Written by Debbie McTaggart