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Bernardus Berkelaar Posted on Feb 02, 2017
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Assets re,old age pension how are they established/

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Geoff White

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  • Master 1,948 Answers
  • Posted on Feb 02, 2017
Geoff White
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It depends entirely where you are, which you have kept secret.

Where I am, the Govt counts all money invested anywhere, all property and assets owned, such as investment properties you own (but not your own home where you live yourself), value of your car, value of the contents of your own home, like the furniture, and some of the value of any superannuation fund you may have.

Then there is a separate test and cut-off here for any income you get from all sources, so look out for that where you are.
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Can somebody receiving an old age pension (old age grant) from the state go back to work and receive a salary without effecting his pension benefit?

Question edited. i before e, except after c.
Question moved from 'H.I.S. Computers'

Your salary and pension are added together as total income against the personal allowance in the country where you reside.

Here in Canada, I took a part time call out job, and my tax advisor at HR Block told me I could earn $12,000 free of tax. Your pension will be paid the same as the same amount. Any additional benefits like Guaranteed Income Supplement will be adjusted in the year after taxation is calculated.
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Where do I apply for an old age pension in Port Elizabeth

Here is the step by step guide to know about Old age pension plan in your city. visit this official website of South African Government
https://www.gov.za/services/social-benefits-retirement-and-old-age/old-age-pension
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If a couple are separated because of ill health what is the pension rate that would apply?

You would need to contact the company or government site that controls the pension. FIXYA unpaid volunteers do not handle personal finances for anyone.
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67 years old male worked all life how much can earn to get full pension

assets are not included not much super or investments
applying for old age pension
they all have unrealistic earning % deeming rates
on what savings you have in interest returns

depends what part of the world
check the social security or pensions site your location
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yes there probably is


If you need to know ask at your local government offices

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Ima pension age but my husband is still working and I wondering if I could get a part pension?

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Criteria for age pension

australian citizen
age 65 and older depending on birth dates
asset test (excluding home) applies and reduces
pension if assets above a prescribed amount
income test applies and reduces pension if income is above a prescribed amount
details of asset and income tests are on govt website or talk to centrelink
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