Australian Retirement

Age Pension Eligibility Calculator Australia 2026

Estimate your Centrelink Age Pension entitlement using the current asset and income tests. Uses 2025–26 rates.

Personal Details

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Income (per fortnight)

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Enter your details and press Calculate Pension to see your estimated entitlement.

How It Works

The Australian Age Pension is means-tested using two separate tests — the Income Test and the Assets Test. You receive the lower of the two amounts (or nil if either test produces zero).

The Income Test assesses your fortnightly income against a free area. Income above the free area reduces your pension by 50 cents for every dollar (singles) or 25 cents each for couples. Financial assets are assessed using deeming rates rather than actual returns.

The Assets Test compares your total assessable assets against a threshold based on your relationship status and whether you own your home. Assets above the threshold reduce your pension by $3 per fortnight per $1,000 of excess assets.

Frequently Asked Questions

What is the Age Pension eligibility age in Australia?
The qualifying age for the Age Pension in Australia is 67 years. You must also be an Australian resident and have lived in Australia for at least 10 years, with at least 5 years being continuous.

How much is the full Age Pension in 2025-26?
The maximum Age Pension rate for 2025-26 is approximately $1,190 per fortnight for singles and $1,794 per fortnight for couples combined. These rates are indexed twice yearly in March and September.

What assets can I have and still get the full pension?
For homeowners, the assets free area is approximately $314,000 for singles and $470,000 for couples. Non-homeowners get higher thresholds. Assets above these amounts reduce your pension by $3 per fortnight per $1,000.

What are deeming rates and how do they affect my pension?
Deeming rates assume your financial assets (bank accounts, shares, super in pension phase) earn a set return, regardless of actual earnings. The lower rate is 0.25% on the first $62,600 (singles) and 2.25% above that threshold.

Does my super count as an asset for the Age Pension?
Super in accumulation phase (before you start drawing it) is NOT counted in either test before you reach Age Pension age. Once you're pension age, all super counts under both the income test (via deeming) and the assets test.

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Last updated: April 2026

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