Preparing to claim a payment from us when retiring
Find out what you need to have in order before you apply for a payment after you retire.
How much Age Pension you can get
We use income and assets tests to work out how much Age Pension you get.
Travel outside Australia rules for Age Pension
There are rules about when you can get Age Pension when you travel outside Australia.
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.
Maximum loan amount under the Home Equity Access Scheme
The maximum loan amount (MLA) is the most you can borrow through the Home Equity Access Scheme. We can’t pay you any more once your loan balance reaches your MLA.
Income test for a Commonwealth Seniors Health Card
You must meet an income test to get a Commonwealth Seniors Health Card.
Loans and concession cards when you retire
There are other concessions and financial help you can get during your retirement.
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.
Work Bonus balance examples if you work
Understand how your Work Bonus balance affects your assessable income.
Deeming rates are increasing
From 20 March 2026, deeming rates will increase to 1.25% and 3.25%.