Age Pension

Are you eligible for the Age Pension? The Age Pension is the taxpayer-funded basic retirement income stream for those people who can’t fully support themselves. The single rate Age Pension is set to at least 27.7 per cent of Male Total Average Weekly Earnings.


On SuperGuide, you can find information about the latest Age Pension rates, your Age Pension age, the Age Pension income test and the Age Pension assets test, and more.

Set out below are all SuperGuide articles explaining Age Pension.

Age Pension: Assets test thresholds rise 1 July 2014

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The LOWER and UPPER asset thresholds for the Age Pension assets test lift again on 1 July 2014, which means more Australians may now be eligible for a FULL Age Pension, or more Australians will now be eligible for a PART Age Pension. A single person can own more than $760,000 in assets (excluding … [Read more...]

Age Pension: More Australians entitled to payments from July 2014

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In March, July and September of each year, the Federal Government changes the rules for claiming the Age Pension… for the better! The Age Pension income test and the Age Pension assets test are adjusted three times a year in line with increases in the Consumer Price Index. From 1 July 2014, the … [Read more...]

Age Pension: Income test thresholds rise 1 July 2014

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The LOWER and UPPER income thresholds for the Age Pension income test lift again on 1 July 2014, which means more Australians are now eligible for a FULL Age Pension, and more Australians will now be eligible for a PART Age Pension. A single person can earn just under $48,000 a year, and still … [Read more...]

Age Pension Bonus: Hurry! Last chance to register

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Hurry, hurry! Deadline approaching! If you’re still working and you were aged 65 or over (or 63.5 or over if you’re a female) before 20 September 2009, then you need to read this article, and the Q and As following this article. If you fall into this age group and you expect to receive the Age … [Read more...]

2014 Federal Budget: Superannuation and retirement summary (updated)

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Note: This article is updated regularly as more details are disclosed about announced policies. Article links take you through to further detail on my most items listed in this article. Latest update was 28 May 2014. On 13 May 2014, Treasurer Joe Hockey released his first federal budget. For many … [Read more...]

2014 Federal Budget: What the Age Pension changes means for you

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The Federal Treasurer has made it clear: the Age Pension age is increasing to 70 years from 2035. Federal Treasurer Joe Hockey confirmed this significant change to the Age Pension rules in the 2014 Federal Budget on 13 May 2014. I am guessing that many of you reading this article are worried … [Read more...]

Are you eligible for a Commonwealth Seniors Health Card?

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IMPORTANT: 2014 Federal Budget Alert! The government has confirmed that the income thresholds for singles ($50,000) and couples ($80,000) will be indexed for the first time in September 2014. From 1 July 2015, new applicants for CSHC will need to include superannuation pension income when assessing … [Read more...]

Age Pension age increasing to 70 years (updated table)

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Note: This article (including table) explains the Age Pension eligibility age, which has jumped by 5 years for younger Australians. If you are seeking information on the retirement age for accessing superannuation benefits see SuperGuide articles Preservation age: I’m 58. Can I withdraw my super … [Read more...]