Income test for age pension
The income test is used to reduce the amount of age pension that a person is entitled to receive where their assessable income for income test purposes exceeds a certain threshold. The age pension entitlement will gradually reduce to nil on a sliding scale based on the amount by which the person's assessable income exceeds the threshold.
For current income test thresholds, refer to www.humanservices.gov.au/customer/dhs/centrelink
Last modified: Tuesday, May 2, 2017