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Increase in Age Pension eligibility


As has been widely reported of late, the qualifying age for the Age Pension was pushed back in the latest Federal Budget. We have been asked for clarification on this by many of our clients and candidates, so here are some simple pointers…

  • The current qualifying age for the Age Pension is 63.5 for women and 65 for men
  • By July 2013 the qualifying age for women increased to 65
  • Commencing in 2017 the qualifying age for both men and women will begin to transition to 67
  • This will be achieved by increasing the qualifying age by 6 months every 2 years so that on 1 July 2023 the qualifying age will be 67
  • This will also apply to eligibility for the Commonwealth Seniors Health Card

Hope this helps!

This entry was posted on Wednesday, July 22nd, 2009 and is filed under Commentary. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

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