Most Australians are eligible for the Government Age Pension. If you’re among them, you can use it to top up your super.
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 62%1 of Australians over the age of 65 receive either a part or full Government Age Pension.
1Based on data from the Australian Bureau of Statistics and Department of Social Services.
Am I eligible to receive it?
Reaching preservation age and finishing up at work don’t mean you automatically get the Age Pension.
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 eligibility details download the fact sheet ‘Are you eligible for the Government Age Pension?'