What is a Centrelink Schedule?

A Centrelink Schedule is generally a one page document that is used to inform Centrelink of the various components relating to your superannuation income stream, so that they are able to asses the amount of the income stream that should be assessed for ‘income...

Allocated Pensions and Centrelink

The relationship between Allocated Pensions and Centrelink is important to understand. Your allocated pension will affect the level of Age Pension that you are entitled to. This article explains how your Allocated Pension affects your Centrelink entitlements and what...

When is Pension Day

When is Pension Day? Traditionally, Pension Day  for the Centrelink Age Pension is every second Thursday. If you are a member of a couple, you will each be paid on the same day under most circumstances. Can I choose my pension day? Yes, you are generally able to...

Deeming Rates for Age Pension Assessment

The amount of Age Pension that you are entitled to is determined by an Income Test and an Assets Test (assuming that you meet all other eligibility criteria). The Assets Test is broadly all of your investment assets (this excludes your main residence). The Income Test...

How much is the Disability Support Pension?

The Disability Support Pension may be available to people who have a physical, intellectual, or psychiatric condition that stops them from working. The amount of Disability Support that you are eligible for can be impacted by you or your partner’s income or...

Old Age Pension Rates Australia

The Centrelink Age Pension is often referred to as the ‘Old Age Pension’. What is the Old Age Pension? The Old Age Pension in Australia is a social security benefit payable to people who satisfy certain age and residency requirements. This may be the sole...