Age Pension age
A higher qualifying age for a full or part Centrelink Age Pension is now in place for Australians born on or after 1 January 1952. People born on or after this date could previously qualify at age 65, but must now wait up to two more years. Moving to this higher eligibility age will be a gradual process, with the qualifying age increasing by six months every two years from 1 July 2017, affecting those born between 1 January 1952 and 31 December 1956.
Therefore, on 1 January 2023 the qualifying age for the Centrelink Age Pension will be 67. Right now, men must be age 65, while women can qualify between age 60 and 65 depending on their date of birth. As well as the age criteria, people must satisfy residency requirements. Centrelink then works out how much Age Pension is payable, depending on income and assets and other circumstances.