Very different.Hi to you all,
I would like a general guide to how the Australian pension works and is it different to the UK pension?
Just wanted to know how it all works!
Thanks in advance.
To be eligible for the Australian aged pension, you need to be a Australian resident for a total of at least 10 years, with at least five of these years in one period.
Any eligible overseas pension must be applied for, and the rate will be taken into account when calculating the Australian Payment rate.