What is the Age Pension
The Government Age Pension is a regular fortnightly income from the Australian Government that helps eligible older Australians pay for basic living expenses.
It’s called the “retirement safety net” for a reason. Around 58%1 of Australians over the age of 65 receive either a part or full Government Age Pension.
1Australian Institute of Health and Welfare, 31 March 2023.
READ MORE: HOW SUPER WORKS WITH THE AGE PENSION
Age Pension eligibility
You’ll need to meet eligibility requirements set out by the Australian Government before you can receive your first pension payment. These include:
- your qualifying or eligibility age for the Age Pension (also known as the ‘pension age’)
- your residential status
- your assets and/or income.
For more information, please download and read our Government Age Pension eligibility fact sheet or use our online guide below.
See if you’re eligible for the Government Age Pension
Your age and residential status
Have you reached the qualifying age? Are you an Australian Resident?
Your assets
The assets you own will affect whether you get the Age Pension, and how much.
Your income
The income you earn will affect whether you get the Age Pension, and how much.