Age component for loans under the Home Equity Access Scheme
Your age will help decide how much you can get under the Home Equity Access Scheme.
Who can get Age Pension
To be eligible for Age Pension you must be Age Pension age and meet some other rules.
Work Bonus balance
We use your Work Bonus balance to offset your eligible income so you keep more of your pension if you’re working.
Lump sums while on income support
A lump sum is a one off amount of money. They can count in your income test and may affect your payment from us.
How a Work Bonus works
The Work Bonus reduces the amount of your eligible income that is calculated in the income test. This helps us work out your rate of payment.
Home Equity Access Scheme variation form (SA497)
Use this form to make changes to your or your partner’s Home Equity Access Scheme if you’re not registered for online services.
Who can get a loan under the Home Equity Access Scheme
You must meet certain requirements to be eligible for a Home Equity Access Scheme loan.
Payment schedule and rates for people outside Australia
We’ll pay your pension differently if you live outside Australia on a permanent or long term basis.
Decide how to claim Age Pension
There are a few options for claiming Age Pension. Before you start you should decide how you want to claim.
Other forms you may need to complete - Age Pension
When you make your claim for Age Pension, we may ask you to give us more information.