State Pensions

If you are aged 65 or over, you may be eligible for a Government age pension payment when you retire.


Eligibility is based on a range of tests based on residency, income and assets. Even if you are not eligible for a full pension, you may still be eligible for a part-payment (how much you receive will depend on your financial circumstances).


In the event that you are not eligible for any form of payment, you may still be eligible for a concession card that will entitle you to a range of discounts on things like prescription medicines, healthcare services and access to numerous state, territory and local government concessions.


To determine your eligibility and assess the financial impact on your circumstances, speaking to a professional adviser can be of immense value.