Recent Pension Changes impact more people
About Retirement TV
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Recent Pension Changes impact more people
6 484 просмотра · 3 г. назад
About Retirement TV
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6 484 просмотра · 3 г. назад
You are eligible for the Full Pension if your total assessable assets are below $280,000 for singles and $419,000 for a couple homeowners, or $505,000 for singles and $643,000 for a couple non-homeowners.
If your assets are greater than that limit, your Pension will start reducing progressively, so you will receive a part Pension until your total assessable assets reach $635,000 for singles and $954,000 for a couple homeowners and $860,000 for singles and $1.18mil for a couple non-homeowners.
If you have assessable assets greater than those limits, you are not eligible for any government pension.
Those limits apply to Age Pension, Disability Support Pension, Carer Payment, DVA Age and Invalidity Service Pension.
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