Assets test for Age Pension
The assets test helps us work out if you can get paid Age Pension. It also affects how much you'll get.
How much Age Pension you can get
We use income and assets tests to work out how much Age Pension you get.
Residence rules for Age Pension
To be eligible for Age Pension you must meet the residence rules.
Supporting documents for Age Pension
When claiming Age Pension, we’ll ask you for some supporting documents to support your claim for Age Pension.
Income test for a Commonwealth Seniors Health Card
You must meet an income test to get a Commonwealth Seniors Health Card.
Age Pension payments, concessions and support
There are other payments, concessions and help available for people who get Age Pension.
Repay your loan under the Home Equity Access Scheme
You can repay the loan you get under the Home Equity Access Scheme in part or full at any time.
Interest rate for loans under the Home Equity Access Scheme
We charge an annual interest rate of 3.95% that compounds each fortnight on the Home Equity Access Scheme loan balance.
Income test for Age Pension
Your income can reduce how much Age Pension we pay you. We use the pension income test to assess Age Pension.
Who can get a Commonwealth Seniors Health Card
You can get a Commonwealth Seniors Health Card if you meet certain conditions.