How much is the Age Pension in 2026?

From 20 September 2026, the maximum Age Pension is $1,237.70 per fortnight for a single person and $933.00 per fortnight each for a couple. This includes the base rate, Pension Supplement, and Energy Supplement.

What is the Age Pension income test?

Single pensioners can earn up to $226 per fortnight before the income test reduces their pension. For couples, the combined free area is $396 per fortnight. Above these thresholds, the pension reduces by 50 cents for every dollar of assessable income. These free areas are the 1 July 2026 figures.

What is the Age Pension asset test?

For homeowners, a single person can have up to $333,000 in assets and still receive the full pension. A part pension stops at $745,750. For non-homeowners, the full pension threshold is $600,000 and the cut-off is $1,012,750. The pension reduces by $3 per fortnight for every $1,000 above the full pension limit. The full pension limits are the 1 July 2026 figures and the cut-off points are the 20 September 2026 figures (Services Australia).

What is the Work Bonus for pensioners?

The Work Bonus allows Age Pension recipients to earn up to $300 per fortnight from employment without it counting under the income test. Unused amounts accumulate in a Work Bonus balance up to $11,800, which can be used to offset future employment income.

Age Pension Calculator

Calculate your estimated Age Pension for 2026. Enter your income, assets, and financial details to see how much you could receive per fortnight after both the income test and asset test.

Last verified: 20 September 2026Jump to calculator ↓

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General information and estimates only — not legal, financial or tax advice. Always check your specific award, agreement or contract, or a qualified professional, before you rely on the result.

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