Centrelink Alert: Many Aussie Retirees Overlook $46,000 Annual Benefit
A major Centrelink alert has sounded, and many Australian retirees are missing out on as much as $46,000 a year in potential Age Pension payments. According to recent research by super fund Cbus, up to one in three Australians delay applying for the Age Pension or don’t apply at all. The result? They lose out on tens of thousands of dollars. To be clear, this $46,000 figure usually refers to a couple’s combined annual entitlement, not an individual amount. That’s a big deal, for many retirees, that money could significantly improve their financial security in their golden years.
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