The Age Pension is a regular payment for people who have reached Age Pension age, currently 67, and meet Australian residence requirements. Services Australia assesses your income and assets, including savings, investments, property and superannuation, to determine whether you qualify and how much you may receive. Your circumstances can also affect supplements, concession cards and any Rent Assistance you might be eligible for. Payment rates and thresholds can change, so check your situation and apply through servicesaustralia.gov.au for an official assessment.