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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE 2 JULY 1998    
     

Ordinary/Adjusted Income Free Area

   
Not a Member of a Couple $100.00  
Partnered - Combined $176.00  
Illness Separated - Combined $176.00  
Additional Free Area per Dependent Child $24.00  
     

Adjusted Income before ISS Reduces

   
Not a Member of a Couple $569.00  
Partnered - Combined $878.80  
     

Income at which SP Ceases

Basic Pension* Max. RA#
Not a Member of a Couple $820.00 $969.60
Partnered - Combined $1,370.00 $1,511.20
Illness Separated - Combined $808.00 $957.60
Ceiling Rate - Veteran Widows $790.80 $940.40
Ceiling Rate - Partnered $1,359.20 $1,500.40
*These increase with dependent children and/or rent  
#These increase with dependent children    
     

Adjusted Income at which ISS/DSS Age Pension Ceases

 
Not a Member of a Couple $809.20  
Partnered - Combined $1,359.20  
Adjusted Income is Ordinary Income plus foreign DP and War Widow’s Pension
^Cut-off rates are lower because PA is excluded when paid with DP and WWP
     

Income at which DVA Treatment Ceases (SP cases)

Partner (combined) Non-Partnered
No children $428.00 $246.00
1 child $480.00 $298.00
2 children $532.00 $350.00
(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   $21,320.00
Partnered - Combined   $35,620.00
Illness Separated - Combined   $42,016.00
     

Assets Value Limit

Low limit High limit
Not a Member of a Couple $125,750 $215,750
Partnered - Combined $178,500 $268,500
Illness Separated - Combined $178,500 $268,500
     

Assets before ISS Reduces (No RA in payment)

Low limit High limit
Not a Member of a Couple $204,000 $294,000
Partnered - Combined $295,500 $385,500
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $245,750 $333,750
Partnered - Combined $377,500 $467,500
     

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

Low limit High limit
Not a Member of a Couple $244,000 $334,000
Partnered - Combined $376,000 $466,000
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $143,250 $233,250
Partnered - Combined $204,500 $294,500