when did the age pension start in australia
Social security in Australia The Age Pension was the first payment made by the Commonwealth Government, dating back to 1909.[citation needed] It is available to persons aged 65 years and over.[11] The eligibility age is currently being progressively increased to a cap of 67 years old.[12] 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.[citation needed] Taxpayer-funded pensions are means tested.[11]