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Geelong Pension Payouts: A Comprehensive Analysis of Total Retirement Benefits
The sum of all Age Pension payments provided by Centrelink. The pension is paid to people over the qualifying age of 66.5 years if the value of their income and assets is under the threshold specified by Centrelink. The qualifying age is set to be 67 from the 1st of July, 2023. Data from 2020| Area | Value |
|---|---|
| 1. 3216 - Highton | $20,500,000 |
| 2. 3214 - Corio | $9,070,000 |
| 3. 3219 - Thomson (Greater Geelong - Vic.) | $8,540,000 |
| 4. 3215 - North Geelong | $8,370,000 |
| 5. 3222 - Curlewis (Vic.) | $7,870,000 |
| 6. 3340 - Bacchus Marsh | $7,280,000 |
| 7. 3224 - Leopold | $6,120,000 |
| 8. 3223 - Portarlington | $4,740,000 |
| 9. 3228 - Torquay (Vic.) | $2,000,000 |
| 10. 3226 - Ocean Grove | $1,720,000 |
|
11. |
$1,420,000 |
|
12. |
$1,030,000 |
|
13. |
$941,000 |
|
14. |
$898,000 |
|
15. |
$675,000 |
|
16. |
$672,000 |
|
17. |
$532,000 |
|
18. |
$454,000 |
|
19. |
$451,000 |
|
20. |
$348,000 |
|
21. |
$346,000 |
|
22. |
$328,000 |
|
23. |
$288,000 |
|
24. |
$251,000 |
|
25. |
$243,000 |
|
26. |
$239,000 |
|
27. |
$226,000 |
|
28. |
$223,000 |
|
29. |
$166,000 |
|
30. |
$164,000 |
|
31. |
$125,000 |
|
32. |
$125,000 |
|
33. |
$113,000 |
|
34. |
$54,500 |
