To be eligible for the Government’s Age Pension, you must:
For more information, go to the MoneySmart website.
There are different rates of Age Pension payments for single people and couples. Your rate also depends on your income, assets, and other circumstances. Currently the maximum basic rate for an Age Pension per fortnight is $788.40 for a single person, or $594.30 each for a couple.
For full details go to the Department of Human Services website.
Even if you don't qualify for the age pension, you may still be able to get a concession card. For retirees, there are two types of concession cards that provide a range of benefits, including help with the cost of medicines.