In the face of growing online rumors and misinformation, many Australians are asking: Will the Age Pension be discontinued in 2025? The answer is clear—there are no official plans to end Australia’s Age Pension.
As of May 2025, the federal government continues to support this program, recognizing it as a vital financial safety net for older citizens. This article addresses what could cause a pension to stop, who remains eligible, and the real facts every retiree should know.
What Is the Age Pension and Who Manages It?
The Age Pension is a government-funded, fortnightly payment designed to help eligible Australians aged 67 and over meet their living expenses in retirement. Managed by Centrelink, the pension is subject to income and asset tests, ensuring that support reaches those who truly need it.
Why the Pension Could Stop for Some Individuals
Although there are no plans to cancel the Age Pension nationally, individual payments can be stopped for certain reasons:
1. Exceeding Income or Asset Limits
If your earnings or owned assets exceed the Centrelink thresholds, your pension could be reduced or discontinued.
2. Permanent Relocation Overseas
Australians who leave the country permanently may lose their pension benefits after six weeks unless covered under a reciprocal agreement with specific countries.
3. Loss of Residency Eligibility
You must continue to meet the residency requirement to receive the pension. Losing this status could result in cancellation.
4. Change in Life Circumstances
Situations such as marriage, divorce, death of a spouse, or inheritance can impact your pension eligibility.
5. Failure to Report Changes
Centrelink requires timely updates on income, assets, or personal status. Non-disclosure could lead to suspension or termination.
Debunking Pension Cancellation Rumors in May 2025
Despite widespread claims online, Australia has no current legislation or proposals to cancel the Age Pension program. These false reports typically come from unreliable or unofficial sources.
In fact, the latest Retirement Income Review indicates that the system is sustainable and affordable, even with an aging population. The government remains committed to supporting pensioners and continues to adjust payment amounts in line with inflation.
Age Pension Eligibility Criteria for May 2025
To qualify for the Age Pension, you must meet the following:
Age Requirement
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Must be at least 67 years old (applicable to those born after March 1, 1957)
Residency Requirement
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Must be an Australian citizen or permanent resident
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Must have lived in Australia for at least 10 years, with 5 years continuously
Income Test
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Singles: Fortnightly income limit raised to $2,444.60
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Couples: Higher combined thresholds apply
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Income includes earnings, rent, business profits, or dividends
Assets Test
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Thresholds vary based on homeownership and couple status
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Assets may include savings, real estate (excluding primary home), investments, and more
FAQs
Is the Age Pension ending in May 2025?
No, the Age Pension is not being discontinued. The Australian government has not introduced any legislation or plans to stop it.
Why would someone’s Age Pension be stopped?
Pensions may be reduced or stopped if you exceed asset or income limits, move overseas permanently, fail to meet residency requirements, or don’t report changes to Centrelink.
What is the age requirement for receiving the pension?
As of May 2025, applicants must be at least 67 years old to qualify.
Can I still receive the pension if I travel abroad?
You may receive payments for up to six weeks abroad. Beyond that, payments may stop unless you’re in a country with a social security agreement with Australia.
What should I do if I hear the pension is ending?
Only trust official government sources such as Services Australia or Centrelink. Do not rely on social media rumors or unverified news.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.