Age Pension
Selected Age Pension figures: maximum payment rates, supplements, the qualifying age, assets test limits and the funeral bond allowable limit.
19 figures. Select one to see its official source and history.
Chart: Age Pension maximum rates since 2009.
- Age Pension age 67 years From 1 July 2023
- Age Pension maximum rate, single (incl. supplements) $1,237.70 a fortnight From 20 September 2026
- Age Pension maximum rate, couple combined (incl. supplements) $1,866 a fortnight From 20 September 2026
- Assets test: full pension threshold, single homeowner $333,000 From 1 July 2026
- Assets test: part pension cut-off, single homeowner $745,750 From 20 September 2026
- Assets test: part pension cut-off, couple homeowner (combined) $1,121,000 From 20 September 2026
- Assets test taper rate $3 a fortnight per $1,000 From 1 January 2017
- Age Pension maximum basic rate, single $1,135.40 a fortnight From 20 September 2026
- Age Pension maximum basic rate, couple (each) $855.90 a fortnight From 20 September 2026
- Maximum Pension Supplement, single $88.20 a fortnight From 20 September 2026
- Maximum Pension Supplement, couple (each) $66.50 a fortnight From 20 September 2026
- Energy Supplement, single $14.10 a fortnight From 20 September 2014
- Energy Supplement, couple (each) $10.60 a fortnight From 20 September 2014
- Assets test: full pension threshold, single non-homeowner $600,000 From 1 July 2026
- Assets test: full pension threshold, couple homeowner (combined) $499,000 From 1 July 2026
- Assets test: full pension threshold, couple non-homeowner (combined) $766,000 From 1 July 2026
- Assets test: part pension cut-off, single non-homeowner $1,012,750 From 20 September 2026
- Assets test: part pension cut-off, couple non-homeowner (combined) $1,388,000 From 20 September 2026
- Funeral bond allowable limit $16,250 From 1 July 2026