2009 $1 Rolled Coin: Centenary of Commonwealth Age Pension

Celebrating 100 years of pension payments, this commemorative $1 circulating coin honours the contribution pensioners continue to make to Australian society Rolled in paper designed by and for the exclusive use of the Royal Australian Mint, these coins are sure to be popular following the success of the Centenary of Scouts Australia rolled coin in 2008. With a pleasing image and priced affordably, the 2009 Centenary of Aged Pension coin will appeal to young and old alike.

History – The Commonwealth Parliament passed the Act 1908. With first payments in July 1909, the Age Pension was modest in its reach and its rate, providing just 65,500 age pensioners with a pension of up to 10 shillings a week. Today more than two million Australians receive the Age Pension.