<P> The Age Pension was the first payment made by the Commonwealth Government , dating back to 1909 . It is available to persons aged 65 years and over . The eligibility age is currently being progressively increased to a cap of 67 years old . Except for the mandatory superannuation scheme , workers do not contribute to a pension or insurance scheme in Australia , unlike pension schemes in many other countries . Taxpayer - funded pensions are means tested . </P>
<P> The Age Pension was the first payment made by the Commonwealth Government , dating back to 1909 . It is available to persons aged 65 years and over . The eligibility age is currently being progressively increased to a cap of 67 years old . Except for the mandatory superannuation scheme , workers do not contribute to a pension or insurance scheme in Australia , unlike pension schemes in many other countries . Taxpayer - funded pensions are means tested . </P>
when did the age pension start in australia
when did the age pension start in australia
1909
1909