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What are the important things to know about the Australian Social Security System?

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What are the important things to know about the Australian Social Security System?

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All claimants for Australian Agreement pensions need to meet the other conditions (eg age limits, income and assets tests) required for that pension under Australia’s social security laws. Australian pensions are means-tested. For information about the current income and assets test limits, visit the Centrelink site. The Age Pension age for men is 65. The Age Pension age for women is gradually being increased to 65 – see Age Pension benefit information for details of Age Pension ages for women. Australian working life residence is the period of Australian residence between age 16 and Age Pension age.

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