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Retirement income in Australia: Part II – Public support

Research brief on retirement income - part II

Rafal Chomik, Simon Graham, Sophie Yan, Hazel Bateman, John Piggott

This series of three CEPAR research briefs explores the current state, and projected future, of Australia’s retirement income system, presenting the latest data and highlighting relevant research. Brief 1 described the demographic context, system structure, and overall trends in retirement resources. The present brief, Brief 2, focuses on the public element of retirement income provision, primarily related to the Age Pension. It discusses policy trends, the design of pension access, benefit level, and means testing, as well as poverty and fiscal outcomes. Brief 3 covers private retirement income provision, particularly the superannuation pillar.