Prepare to transfer to Age Pension
You can’t get JobSeeker Payment if you’re over Age Pension age.
What you need to know
- want to transfer
- have superannuation.
If you don’t do this, we can’t check your eligibility or transfer you to Age Pension.
We’ll send the invitation to your online account if you have one. If you don’t, we’ll post the invitation and form to you. We’ll fill in the online transfer or form with details we already know about you.
You can use our Payment and Service Finder to see what else you may be eligible for.
What happens if you transfer
If you transfer to Age Pension:
- you may get a higher rate of payment than the standard rate of JobSeeker Payment and more generous income and assets tests
- you’ll get Pensioner Concession Card
- you may get the Work Bonus
- we may exempt more land from the assets test if you live on a single land title covering more than 2 hectares.
Keep in mind, some of these factors may change based on your individual circumstances.
How to confirm your decision
You need to complete the online task or return the form we send you and confirm if you want to transfer.
You also have to tell us about any superannuation you have.
Read more about applying to transfer to Age Pension.
Page last updated: 4 May 2020
This information was printed 25 January 2021 from https://www.servicesaustralia.gov.au/individuals/services/centrelink/jobseeker-payment/how-report-and-manage-your-payment/prepare-transfer-age-pension. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.