Pension

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.

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.

Robodebt refunds could total $550m

Robodebt refunds could total $550m

ACOSS calls on the government to immediately cancel all robodebts and refund the money.

Robodebt refunds

Seniors and pensioners tax offset

Seniors and pensioners tax offset

As a pensioner, you may be eligible for the seniors and pensioners tax offset (SAPTO).

Get your tax offset

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 ...

Do you qualify?

Are reimbursements income?

Are reimbursements income?

Elizabeth does some volunteer work and isn’t sure how Centrelink treats expense reimbursements.

Centrelink Q&A

Is long service leave income?

Is long service leave income?

Noreta has recently retired and wants to know whether her long service leave counts as ...

Centrelink Q&A

Sharing too much with Centrelink

Sharing too much with Centrelink

Tony lost his part pension eligibility after downsizing his house and wants to know what ...

Downsizer downfall

Do you qualify for an Age Pension?

Do you qualify for an Age Pension?

YourLifeChoices keeps you up to date with retirement income changes.

Income tests revised