Age Pension recipients as a share of the population: how the shares are worked out

The chart Age Pension recipients and Australian residents aged 65 and over, since 2013 can show the number of Age Pension recipients as a share of the estimated resident population of Australia aged 65 and over and 67 and over. This page sets out the rule, the two series, how the quarters are matched, the rounding and what the share does not measure.

The shares are worked out by Retirement Wealth from the two published series. They are not published by the Department of Social Services or the Australian Bureau of Statistics. The counts are the ones on the chart's page: the recipients from the Department of Social Services, the population estimates from the Australian Bureau of Statistics, both recorded in this site's statistical series. The chart's "Australian residents" are the ABS estimated resident population of Australia, which the ABS's methodology says includes all people who usually live in Australia, regardless of nationality, citizenship or visa status, except people present for foreign consular or diplomatic reasons.

The rule

For each quarter that both series hold, divide the count of Age Pension recipients in that quarter by the population estimate for the end of that quarter, and write the result as a percentage:

share = Age Pension recipients in the quarter ÷ population aged 65 and over (or 67 and over) at the end of the quarter × 100, to one decimal place

For example, in the March 2026 quarter the department counted 2,701,730 Age Pension recipients (as at 27 March 2026), and the ABS estimated the population aged 65 and over at 31 March 2026 at 4,950,368 (preliminary). So 2,701,730 ÷ 4,950,368 × 100 = 54.6%.

The two series

Matching the quarters

Two populations

The chart offers the population aged 65 and over and the population aged 67 and over. The Age Pension age rose from 65 to 67 between 1 July 2017 and 1 July 2023 (65 years from 1 July 2013, 65 years and 6 months from 1 July 2017, 66 years from 1 July 2019, 66 years and 6 months from 1 July 2021 and 67 years from 1 July 2023), so for the quarters in between, the share of people at or above that age lies between the two shares shown: the population at pension age was smaller than the population aged 65 and over and larger than the population aged 67 and over.

What the share does not measure

Rounding

Revisions

The Australian Bureau of Statistics revises its population estimates as data on births, deaths and migration arrives: the latest quarters are preliminary, then revised, then final. When a later release changes a quarter's estimate, the value is replaced, the earlier value is kept in the series file as a revision with the release it came from, and the share for that quarter is worked out again. The department does not revise a quarter's count once published, as far as its data set shows.

The data

Age Pension recipients: Department of Social Services, Australian Government, DSS Benefit and Payment Recipient Demographics - quarterly data, sourced on 24 October 2026, licensed under Creative Commons Attribution 3.0 Australia (CC BY 3.0 AU).

Population estimates: Australian Bureau of Statistics (March 2026) National, state and territory population, ABS Website, accessed 24 October 2026. CC BY 4.0.

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