How much is Age Pension (Couple, Each) per fortnight in 2026?

The full Age Pension for each member of a couple is $913.30 per fortnight from March 2026 ($841.40 base + $59.10 Pension Supplement + $12.80 Energy Supplement). Combined, a couple receives $1,826.60 per fortnight or $47,491.60 per year.

What is the income limit for Age Pension?

Couples can earn up to $360 combined per fortnight before the pension is reduced. Above that, each person's pension reduces by 25c per dollar of combined income. The Work Bonus applies individually ($300/fn each).

Can I work and still get Age Pension?

Yes, both members of a couple can work and still receive some Age Pension. Each person gets a $300/fn Work Bonus for employment income, plus the $360/fn combined income free area.

How Much Is Age Pension (Couple, Each) in 2026?

Current fortnightly rate for a each member of a couple, including supplements, income test, and assets test thresholds. Updated for March 2026 indexation.

Per Fortnight

$913.30

Per Week

$456.65

Per Month

$1,978.82

Per Year

$23,745.80

Payment Components

Base rate$841.40

Pension Supplement$59.10

Energy Supplement$12.80

Total per fortnight$913.30

Income Test

Income free area$360.00 per fortnight (combined)

Payment cuts out at approx$4,012.00/fn

Above $360 combined per fortnight, each person's pension reduces by 25 cents for every dollar of combined income. The Work Bonus applies individually to each partner's employment income.

Assets Test Thresholds

Situation	Homeowner	Non-Homeowner
Single	$301,750.00	$543,750.00
Couple (combined)	$451,500.00	$693,500.00

Above the full pension threshold, the pension reduces by $3 per fortnight per $1,000 in combined assets. Cuts off at $1,012,500 (homeowner) or $1,254,500 (non-homeowner).

Supplements Included

✓Pension Supplement ($59.10/fn each)
✓Energy Supplement ($12.80/fn each)

Additional Payments You Might Get

+Rent Assistance (up to $174.00/fn combined if renting)
+Pharmaceutical Allowance ($6.60/fn each)
+Pensioner Concession Card
+Work Bonus ($300/fn each for employment income)

Eligibility Quick-Check

•Both aged 67 or older (or partner on qualifying payment)
•Australian resident for at least 10 years (5 continuous)
•Combined income and assets tested

Want to see your exact payment based on your income and assets?

Use the Age Pension Calculator

Compare Other Payment Rates

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General information and estimates only — not financial, tax, or legal advice. Always verify with Services Australia.