Age Pension at 75 — Am I Eligible? How Much Will I Get?
At 75, you meet the age requirement for the Age Pension. Here are your estimated entitlements based on March 2026 rates.
Last verified: 20 March 2026You are eligible for the Age Pension at 75
The qualifying age is 67. Your actual payment depends on the income and assets tests.
Current Age Pension Rates (March 2026)
Single Person
That's $604.40/week or $31,429/year
Couple (each)
Income Test Thresholds
Single
Couple (combined)
Assets Test Thresholds
| Situation | Full Pension | Cut-off |
|---|---|---|
| Single, homeowner | $301,750 | $674,000 |
| Single, non-homeowner | $543,750 | $916,000 |
| Couple, homeowner | $451,500 | $1,012,500 |
| Couple, non-homeowner | $693,500 | $1,254,500 |
Assets above the full pension threshold reduce your pension by $3 per fortnight for every $1,000.
Work Bonus
As an Age Pension recipient at 75, you can benefit from the Work Bonus. This allows you to earn additional employment income without it affecting your pension.
The Work Bonus of $300.00 per fortnight applies only to employment income (wages from a job). It does not apply to self-employment, investment income, or superannuation withdrawals. Unused Work Bonus accumulates up to $11,800.
Full Pension vs Part Pension vs No Pension
Full Pension
$1,208.80/fn
Income under $204.00/fn
Assets under $301,750
Part Pension
Varies
Income $204.00–$2,436.60/fn
Reduces gradually
No Pension
$0.00
Income over $2,436.60/fn
Assets over $674,000
Thresholds shown for single homeowner. Whichever test (income or assets) gives the lower pension applies.
How Superannuation Affects the Age Pension
Superannuation is treated in two ways for the Age Pension means tests:
Assets Test
Your total super balance is counted as an assessable asset. Each $1,000 above the full pension threshold reduces your pension by $3.00 per fortnight.
Income Test (Deeming)
Your super balance (along with other financial assets) is “deemed” to earn income regardless of what it actually earns. The deeming rates are 0.25% on the first $60,400 (single) and 2.25% on the balance above that. This deemed income is assessed under the income test.
Pensioner Concession Card Benefits
- Cheaper prescription medicines under the PBS (capped at $7.70 per script)
- Bulk-billed GP visits at participating practices
- State and territory concessions on council rates, water, electricity, gas, and public transport
- Telephone Allowance for landline or internet connection
- Free or discounted public transport in most states
You automatically receive a Pensioner Concession Card when you are granted the Age Pension, even if you only receive a part pension.
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General information and estimates only — not financial, tax, or legal advice. Always verify with Services Australia.