A Direct Wealth adviser can assist you in reviewing your Centrelink entitlements. Upon reaching age pension age, you may be eligible to receive income support to help retirees throughout retirement. The Government is regularly making amendments to eligibility requirements to be able to claim on age pension entitlements.
Your eligibility for the age pension is dependent on your age, residency, income, assets and personal circumstances. If you are a self-funded retiree or working part time, you may still be eligible for a part pension and the pensioner concession card.
The government is also offering incentives for pensioners to remain in the work force and continue working past their pension age. This offers advantages such as increasing the amount you can earn before your pension is reduced as well as pension bonus schemes.
We would highly suggest discussing your applications with one of our financial advisers prior to applying to Centrelink. Contact us today.