$3,400 Monthly Age Pension in Australia: Are you planning to retire soon or already enjoying retirement in Australia? If so, understanding exactly how much you can receive from the Age Pension in 2025 is essential. With the cost of living steadily rising, it’s more important than ever to know what financial support you’re entitled to—and how to make the most of it.
The Age Pension is a government support payment that helps senior Australians manage their living expenses. As of 2025, eligible couples can receive up to $3,400 per month, while singles may receive over $1,149 per fortnight. But to qualify for these payments, you must meet specific age, residency, income, and asset requirements.
$3,400 Monthly Age Pension in Australia
| Aspect | Details |
|---|---|
| Maximum Monthly Payment | $3,400 for couples; $1,149.00 per fortnight for singles |
| Eligibility Age | 67 years |
| Residency Requirement | 10 years in Australia, with at least 5 years continuous residence |
| Income Test Thresholds | Up to $212/fortnight (single), $372/fortnight (couple) for full pension |
| Assets Test Thresholds | Up to $314,000 (single homeowner), $470,000 (couple homeowner) |
| Payment Frequency | Fortnightly |
| Official Resource | Services Australia |
Navigating retirement is easier when you’re informed. In 2025, the Age Pension provides up to $3,400 monthly for couples and over $29,000 annually for singles. Understanding the eligibility rules, income and asset thresholds, and application process helps you make the most of this crucial benefit.
Apply early, stay informed, and use government resources to maximize your entitlements. For more details, visit the Services Australia Age Pension page.
What Is the Age Pension in Australia?
The Age Pension is Australia’s primary income support for older residents who are retired or nearing retirement and have limited financial resources. It’s administered by Services Australia and funded by the federal government.
Pension rates are updated twice a year—in March and September—to reflect inflation and rising living costs. The amount you receive depends on several variables, such as whether you are single or part of a couple, your total income and assets, and whether you own your home.
2025 Pension Rates at a Glance
Starting from 20 March 2025, the new rates are as follows:
- Single: $1,149.00 per fortnight ($29,874 per year)
- Couple (each): $866.10 per fortnight
- Couple (combined): $1,732.20 per fortnight ($45,037.20 per year)
These amounts include the basic pension, Pension Supplement, and Energy Supplement.
Eligibility Criteria for the 2025 Age Pension
1. Age Requirement
You must be at least 67 years old to qualify. This age threshold has been in effect since 1 July 2023.
2. Residency Rules
To receive the Age Pension, you must:
- Be an Australian citizen or permanent resident.
- Have lived in Australia for at least 10 years, with 5 years of continuous residency.
Some exceptions apply for those covered by international social security agreements (learn more).
3. Income Test
Services Australia applies an income test to determine your pension amount. As of 2025:
- Singles can earn up to $212/fortnight for a full pension.
- Couples (combined) can earn up to $372/fortnight for a full pension.
Each dollar earned over these thresholds reduces your payment by 50 cents per dollar (calculator).
4. Assets Test
Your assets—excluding your primary home—impact your pension. As of 2025:
- Singles (Homeowner): Max assets of $314,000 for full pension.
- Couples (Homeowner): Max combined assets of $470,000.
Larger asset holdings may still qualify for a part pension.
Application Process: $3,400 Monthly Age Pension in Australia Guide
- Check Eligibility: Review age, residency, income, and asset requirements.
- Gather Documents: Proof of identity, residency, income, and assets.
- Create a myGov Account: Link it to Centrelink.
- Apply Online: Submit your claim up to 13 weeks before your 67th birthday.
- Await Outcome: Centrelink will assess and respond.
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Additional Benefits with the Age Pension
If you’re eligible for the Age Pension, you may also qualify for:
- Pensioner Concession Card: Discounts on utilities, healthcare, and public transport.
- Rent Assistance: If you rent privately.
- Work Bonus: Earn up to $300/fortnight from employment without affecting your pension.
- Home Equity Access Scheme: Borrow against your home’s equity if needed.
FAQs On $3,400 Monthly Age Pension in Australia
Can I get the pension if I have super?
Yes. Your superannuation is counted in your income and asset assessments.
What if my partner is younger than 67?
You may still receive the couples pension rate, with your partner’s income and assets included in the assessment.
How often is the pension reviewed?
Pension rates are reviewed every March and September to align with the Consumer Price Index (CPI).
Can I travel overseas and still get the pension?
Yes, but there are time limits. After 6 weeks, you may receive a reduced rate depending on your time abroad.
