Rate of Age Pension 065-03050000
Expand allThis document outlines information about the different components of Age Pension payments. It also lists other add-on payments that a customer may receive.
Components of Age Pension payments
Age Pension is an income support payment for people who have reached retirement age. It is a taxable payment which is paid to a customer's account on a fortnightly basis.
Age Pension is made up of the basic pension plus the Pension Supplement. The rate of Age Pension depends on the customer's relationship status and is subject to the pension income and assets tests.
Age Pension customers may also be eligible for:
- Rent Assistance, depending on their accommodation circumstances
- Energy Supplement
- A Pensioner Concession Card
- A lump sum advance, an interest-free advance payment
- Remote Area Allowance, if the customer is living in a remote area
Contents
Income test for single pension customers
Income test for partnered pension customers
Income test for pension customers with partners on allowance
Income Test for illness separated or partner in prison customers
Income and assets tests for blind customers
Assets Test for single pension customers
Assets Test for partnered pension customers
Transitional rules for pension customers who were on payment at 19 September 2009