How to Apply for the Age Pension
Ready to apply for the Age Pension? You may be aware that the application process can be long and arduous. In this article, we’ve put together all our top tips on making your Age Pension application as quick and easy as possible, and to make sure you receive the maximum amount that you’re entitled to.
The Age Pension is vital for those who are retired, or semi-retired and is an important source of income. Our aim is to help with your pension application and maintenance, making the process easier, to enable you to receive your payments as soon as possible. If you’re not eligible for Age Pension, you may still be eligible for the Commonwealth Seniors Health Card, which gives you access to cheaper medicine under the PBS, as well as a bigger refund for medical costs when you reach the Medicare Safety Net, and bulk billed doctor visits.
According to Retirement Essentials, people are waiting to apply for the Age Pension for around 3.2 years, which costs them around $69,000 in Age Pension payments.
You have two options when you are ready to apply for the Age Pension. You can go through Centrelink directly, or you can employ the services of a professional (such as Aurora Wealth) to take care of the process for you.
Our aim is to help with the pension application process by explaining everything here, so you can make an informed choice. It’s important to note that the Age Pension is not able to be backdated, so it’s important to file your application as soon as possible, to avoid missing out on payments.
Once you’ve been approved and are receiving your Age Pension payments, there are a few things to keep in mind, to help make sure you will continue receiving these payments for the long run.