Retirement can feel daunting with rising costs, but Australia’s Age Pension offers a safety net for those hitting 67 in 2025. With payments up to $1,178.70 every two weeks for singles, it’s a lifeline for covering essentials. Here’s your guide to qualifying, applying, and what’s new this year.
What Is the Age Pension in 2025?
The Age Pension supports retirees who meet age, residency, and financial tests. Since July 1, 2023, you must be 67 to qualify, a shift from earlier years due to longer lifespans. 0 It’s designed to keep the system sustainable while helping with food, housing, and healthcare costs.
Updated Payment Rates for 2025
Payments rose on September 20, 2025, to match living costs. 12 These include base pension, pension supplement, and energy relief. Here’s the breakdown:
| Status | Base Rate | Supplements | Total Fortnightly |
|---|---|---|---|
| Single | $1,051.50 | $127.20 | $1,178.70 |
| Couple (each) | $793.10 | $94.90 | $888.00 |
| Couple (combined) | $1,586.20 | $189.80 | $1,776.00 |
| Couple apart (ill health, each) | $1,051.50 | $127.20 | $1,178.70 |
Rates drop if your income or assets are high. 13 Check Services Australia for exact amounts.
Who Qualifies for the Age Pension?
You need to hit three key criteria:
Age and Residency
Be 67 or older and an Australian resident with at least 10 years living here, including five continuous years. 0 Agreements with countries like New Zealand may count overseas time.
Income Test
Earn under $218 fortnightly (singles) or $380 (couples) for the full pension. 3 Partial pensions cut off at higher incomes, like $2,444.60 for singles. 2
Assets Test
Your home doesn’t count, but other assets matter. Limits for full pension (September 2025): Singles, $321,750 (homeowner) or $554,250 (non-homeowner); couples, $482,500 combined. 2
How to Apply for the Age Pension
Start 13 weeks before turning 67 to avoid delays. 0 Here’s the process:
- Log into myGov and link Centrelink.
- Fill out the Age Pension form online.
- Upload ID, income, and asset details (e.g., super, savings).
- Submit and wait—processing takes weeks.
Visit a Centrelink office or call 132 300 if you need help. 0
Why the Pension Matters
It’s not just money—it’s peace of mind. For retirees with limited savings, the pension covers basics like rent and medical bills. Payments adjust twice yearly to keep pace with inflation, ensuring long-term support. 12
What’s Next for the Pension System?
With an aging population, expect more tweaks to keep the system fair. Talks focus on balancing costs and supporting younger generations, but no major changes are set for 2025. 6
FAQs
What is the Age Pension age in 2025?
You must be 67 to qualify, effective since July 1, 2023.
How much is the Age Pension for singles in 2025?
Up to $1,178.70 fortnightly, including supplements, as of September 2025.
What’s the income limit for the full Age Pension?
Singles: Under $218 fortnightly; couples: Under $380 combined.
How do I apply for the Age Pension?
Apply online via myGov 13 weeks before turning 67, with ID and financial details.
Does overseas residency count for eligibility?
Yes, if you’ve lived in Australia 10 years (5 continuous) or qualify via international agreements.