Australian pensions depend on need: that is: A wealth test is applied, then an income test is applied, and the test that gives the lowest rate is used for assessment. The pension rate is not affected by both income and wealth. Information on the current limits of income and asset testing can be found on the Human Services Department`s website. If you wish to count your Australian residence as periods of contributions or Canadian residences to qualify for a Canadian pension, only a residence between the age of 16 and retirement age can be considered. The retirement age for men is 65. The retirement age for women is gradually being raised to 65 – see the Department of Human Services website for details of the retirement age for women. Australian pensions for people outside Australia are calculated differently than pensions for those inside Australia. Although the U.S.-Canada agreement and the U.S.-Quebec agreement allow the Social Security administration to count your CPP or QPP credits to help you qualify for retirement, disability, or survivors` benefits in the U.S., the agreement does not cover Medicare benefits. As a result, we cannot count your credits in Canada or Quebec to qualify for free Medicare medical insurance. You can apply to one country and request that your application be considered a entitlement to benefits from the other country. In this case, your application will be sent to the other country…

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