Income and assets from outside Australia can affect your Age Pension

If you or your partner get income from, or have assets outside Australia, we may have to reduce the amount of Age Pension you get.

How is it calculated

We include any income or assets you or your partner have in another country when we assess your eligibility for Age Pension.

If you have too much, it can reduce the amount of Age Pension you get.

We use exchange rates to work out what your overseas income or assets are worth in Australia.

To ask about these rates, call the foreign exchange line if you’re in Australia or our international phone numbers if you’re outside Australia.

Page last updated: 16 October 2017