From retirementessentials.com.au: Older Australians can continue working while receiving the Age Pension, with the Work Bonus allowing them to earn up to $300 per fortnight without affecting their pension payments.

If earnings exceed this amount, the pension will be reduced based on a specific income threshold, with examples illustrating how various income scenarios impact Age Pension entitlements.

The current system faces criticism for its complexity, but understanding the Work Bonus provides flexibility and options for retirees looking to engage in the workforce without fully sacrificing their pension support.