Turning 67 in 2025 marks a key milestone for many Australians, as it makes you eligible for the Age Pension under the new Centrelink rules. The Age Pension provides crucial financial support for retirees who meet specific residency, income, and asset requirements. From 2025, the qualifying age for the Age Pension officially becomes 67, meaning anyone born on or before 31 December 1958 may now qualify. Understanding the eligibility rules, payment rates, and benefits under Australia’s Age Pension system is vital for those planning their retirement income and lifestyle.
Age Pension Eligibility Criteria in Australia 2025
To qualify for the Age Pension in Australia in 2025, individuals must meet both age and residency requirements. You need to be at least 67 years old and an Australian resident for at least 10 years, with at least five of those years being continuous. Additionally, Centrelink conducts both income and assets tests to determine your payment amount. If you or your partner earn above certain thresholds, your pension may be reduced. People who are self-funded retirees or have investments should carefully calculate their total assets to ensure they remain under the allowable limit.
Payment Rates and Additional Benefits for Seniors
The Age Pension payment rate in 2025 is expected to adjust with inflation and cost-of-living changes. Currently, a single pensioner can receive around $1,116 per fortnight, while couples may receive up to $1,682 combined. Apart from these base rates, seniors can access additional benefits such as the Pension Supplement, Energy Supplement, and Rent Assistance. Eligible recipients also get the Pensioner Concession Card, offering discounts on healthcare, public transport, and utility bills. These combined benefits aim to ease financial pressure for older Australians, ensuring a more comfortable retirement.
How to Apply for Age Pension and Documentation Required
Applying for the Age Pension can be done online through your myGov account linked to Centrelink. It’s recommended to start your application about 13 weeks before you reach the eligible age. Required documents include proof of age, identification, income details, superannuation statements, and bank account information. Centrelink may also ask for records of overseas pensions or properties if applicable. Once submitted, your claim is assessed, and payments begin shortly after approval. Keeping all your details updated in myGov ensures you receive accurate payments and avoid delays.
Key Rules and Benefits Changes from October 2025
From October 2025, the Age Pension age officially reaches 67 years across Australia, completing a phased increase started in 2017. This change affects individuals born between 1 July 1958 and 31 December 1958. Centrelink’s updated rules also allow certain flexibility for people working part-time under the Work Bonus scheme, enabling them to earn additional income without reducing their pension. Moreover, digital claim processing and simplified asset reporting will make applications faster. These reforms aim to modernise the pension system and make it easier for older Australians to manage their retirement benefits online.
| Eligibility Factor | Requirement (2025) |
|---|---|
| Minimum Age | 67 years (from 2025) |
| Residency Requirement | 10 years (5 years continuous) |
| Single Pension Rate | Approx. $1,116 per fortnight |
| Couple Combined Rate | Approx. $1,682 per fortnight |
| Application Mode | Online via myGov (Centrelink) |
| Extra Benefits | Pension Supplement, Energy Supplement, Rent Assistance |
| Key Agency | Services Australia (Centrelink) |
Superannuation Withdrawal Rules to Take Effect on 10 October 2025 — What Changes for Access and Tax
FAQs
Q1: What is the qualifying age for the Age Pension in 2025?
A1: The qualifying age becomes 67 years from 2025.
Q2: Can I apply for the Age Pension before turning 67?
A2: You can start your application up to 13 weeks before turning 67.
Q3: How is the pension amount calculated?
A3: It depends on your income, assets, and marital status under Centrelink’s test.
Q4: What extra benefits come with the Age Pension?
A4: You may receive supplements and a Pensioner Concession Card for discounts.
