Australian Aged Pension Rates 2017

Australian Aged Pension Eligibility:

If your birthdate is before 1 July 1952 you’ll be old enough at 65 years
If your birthdate is 1 July 1952 to 31 December 1953 you’ll be old enough at 65 years and 6 months

Australian SINGLE PERSON Welfare Based Aged Pension from July 2017
$808.30 Base Pension
$ 65.90 Supplement
$ 14.10 Clean Energy Supplement
$888.30 Total per Fortnight

An information site for British Migrants to Australia, providing information since October 2005.
Post Content follows this advert.

Australian Aged Pension Rates 2017

An Australian Citizen or Permanent Resident may be eligible for the Welfare Based Aged Pension if:

  • They are at least 65 years and 6 months old (New rules from 1st July 2017)
  • under the income and assets test limits
  • an Australian resident, normally for at least 10 years

When are you eligible for the Australian Aged Pension?

  • If your birthdate is before 1 July 1952 you’ll be old enough at 65 years
  • If your birthdate is 1 July 1952 to 31 December 1953 you’ll be old enough at 65 years and 6 months
  • If your birthdate is 1 January 1954 to 30 June 1955 you’ll be old enough at 66 years
  • If your birthdate is 1 July 1955 to 31 December 1956 you’ll be old enough at 66 years and 6 months
  • If your birthdate is on or after 1 January 1957 you’ll be old enough at 67 years

The Australian Aged Pension was increased in 2017, and the new FORTNIGHTLY rates are now:

Australian SINGLE PERSON, Fortnightly Pension

$808.30 Base Pension
$ 65.90 Supplement
$ 14.10 Clean Energy Supplement
$888.30 Total

Australian COUPLE, Fortnightly Pension per person

$609.30 Base Pension
$ 49.70 Supplement
$ 10.60 Clean Energy Supplement
$669.60 Total

A Couple separated due to ill health will each receive the Single Person rate.

Australian Aged Pension Income Test

A single pensioner can have other Fortnightly income of up to $168 before the aged pension is reduced.
A couple combined can have other Fortnightly income of up to $300 before the aged pension is reduced.
The reduction is based on 50 cents for each dollar ‘other income’ over the income threshold.

Source: www.humanservices.gov.au/…/income-test-pensions



0 0 votes
Article Rating
Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments