How does it work
If you are eligible for the Age Pension, and your claim to Services Australia to receive the Age Pension is approved, then you will begin receiving a fortnightly payment. How much you receive depends on how much other income you receive and how much your assets are worth.
To be eligible, you must meet the following criteria:
- Be at least 66 years and 6 months old, increasing to age 67 from 1 July 2023 (with your eligibility age depending on your date of birth)
- Meet an income and assets test
- Meet the residency requirements
- You can learn more about claiming the Age Pension on the Services Australia website. You can also phone them on 13 23 00 or visit your local Centrelink office.