When you perform abdominal exercises, you often target your upper or lower abdomen for work. While standard crunches or curls will put stress on the upper abs, reverse crunches or hip lifts will blast the lower abs. You may think youâre working two muscles, but the abdominal muscle, or rectus abdominis, is technically a single long muscle.
The Age Pension currently pays a maximum rate of $827.10 per fortnight (around $21,500 per year) for singles and $1,246.80 (around $32,500 per year) for couples combined. For singles, $751.70 of this payment represents the maximum base rate and the remaining $75.40 is paid through various supplements.he Age Pension age (the age at which a person can access the Age Pension) is currently 65 for men and 64.5 for women (but will soon increase to 65). From 2017 the Age Pension age will be increased by half a year every two years and will reach 67 by 2023.
For those under age 65, the bring forward provision allows total contributions of $450,000 over three years. For persons aged 65 to 75, a contribution limit of $150,000 per annum is allowed, providing they work at least 40 hours in 30 consecutive days in the financial year of contribution.s a result, those retirees depending on the age pension alone will have a less-than-modest retirement in terms of spending power.According to the Association of Superannuation Funds of Australia (ASFA), the average Australian male currently retires with $155,000 while the average Australian woman retires with $73,000.