The Age Pension has a few moving parts that catch people out: how your savings are 'deemed' to earn income, how the Work Bonus lets you keep more when you work, and the supplements baked into the headline rate. Here they are, worked through.
The current rates and the rules that trip people up — deeming, the Work Bonus, and the supplements baked into your payment.
A one-page checklist of the income test, assets test, deeming thresholds and current rates — sent straight to your inbox.
You're on the list — we'll be in touch.
Australian Age Pension Guide publishes general information about the Centrelink Age Pension. It is not financial, tax or legal advice and does not create a professional relationship. Rates, thresholds and deeming figures are illustrative, reflect the 20 March 2026 figures, and change every 20 March and 20 September — always check the current Services Australia guidance at servicesaustralia.gov.au and seek advice on your own circumstances before acting.