Service Pension Income & Assets Limit | Compensation and Support Reference Library, Payment Rates, Historical Payment Rates, pre 2011, VEA Rates History, 1995, July 1995

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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE 6 JULY 1995    
     

Ordinary/Adjusted Income Free Area

   
Not a Member of a Couple $94.00  
Partnered - Combined $164.00  
Separated Spouse, Widow/er $94.00  
     

Ordinary Income Free Area - ISS

   
Not a Member of a Couple $506.00  
Partnered - Combined $771.60  
     

Income at which SP Ceases

Basic Pension* Max. RA#
Not A Member Of A Couple $756.60 $897.00
Partnered - Combined $1,262.40 $1,394.80
Separated Spouse, Widow/er $756.60 $897.00
     

Income at which ISS Ceases

Basic Pension** Max. RA#
Not A Member Of A Couple $746.20 $886.60
Partnered - Combined $1,252.00 $1,384.40
Separated Spouse, Widow/er $746.20 $886.60
     

Income at which DVA Treatment Ceases (SP cases)

Partner (combined) Non-Partnered
No children $392.00 $226.00
1 child $444.00 $278.00
2 children $496.00 $330.00
3 children $548.00 $382.00
4 children $600.00 $434.00
5 children $652.00 $486.00
(Except when the modified rules apply.)  For each additional child add $52.00  
     

Seniors Health Card Taxable Income Limit

   
Not a Member of a Couple   $19,671.60
Partnered - Combined   $32,822.40
Illness Separated - Each   $19,359.60
     

Assets Value Limit

Low limit High limit
Not a Member of a Couple $118,000 $202,000
Partnered - Combined $167,500 $251,500
Separated Spouse, Widow/er $118,000 $202,000
     

Assets Value Limit - ISS

Low limit High limit
Not a Member of a Couple $186,500 $270,750
Partnered - Combined $269,000 $353,000
Separated Spouse, Widow/er $186,500 $270,750
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $228,500 $312,500
Partnered - Combined $351,000 $435,000
     

Assets at which ISS/DSS Age Pension Ceases (excludes PA)

Low limit High limit
Not a Member of a Couple $226,750 $310,750
Partnered - Combined $349,000 $433,000
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $134,500 $218,500
Partnered - Combined $191,500 $275,500