How much income do you earn?
You may earn up to a certain level of income before your Age Pension payments start decreasing. The Income test includes all sources of income including employment income and investment income. Deeming rules are used to work out income from your financial assets. The income is added to your other income before the income test is applied.
|Family situation||To receive the maximum Age Pension, your income must be below:||You won’t receive the Age Pension if your income exceeds:|
|Single||$178 a fortnight||$2,066.60 a fortnight|
|Couple||$316 a fortnight||$3163.20 a fortnight|
Source: Department of Human Services, 1 July 2020.