Our age pension calculator has been updated for the 1 July 2016 updates at Yourpension.com.au Income Test Income test l imits for the full Age Pension are indexed on 1 July each year and for part Age Pensions are indexed in March, July and September of each year. Income Test – 1 July 2016 For full pension/allowance (per fortnight) For part pension(pf) Single up to $164 less than $1911.80 Couple (combined) up to $292 less than $2926.80 Illness separated (couple combined) up to $288 less than $3787.60 Work Bonus Scheme – The WBS is an incentive for age pensioners to “participate in the workforce” by providing an income threshold of $6,500 pa. This threshold remains unchanged since its inception. Asset Test Asset Test FULL age pension– 1 July 2016 Homeowners Non-homeowners Single $209,000...
Your age pension concierge service for Centrelink. Case studies and observations on claiming and maintaining the Centrelink age pension in Australia. The objective of this blog is to inform and promote discussion. Information contained within is generic and does not constitute advice, and professional assistance is recommended before any action taken with Centrelink.