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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 23 MARCH 2000

 

(Date of Effect 20/03/2000)

 

 

 

 

 

Ordinary/Adjusted Income Free Area

 

 

Not a Member of a Couple

$102.00

 

Partnered - Combined

$180.00

 

Illness Separated - Combined

$180.00

 

Additional Free Area per Dependent Child

$24.00

 

 

 

 

Adjusted Income before ISS Reduces

 

 

Not a Member of a Couple

$605.80

 

Partnered - Combined

$941.60

 

 

 

 

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$856.80

$1,011.20

Partnered - Combined

$1,432.80

$1,578.00

Illness Separated - Combined

$844.80

$999.20

Ceiling Rate - Veteran Widows

$846.00

$1,000.40

Ceiling Rate - Partnered

$1,422.00

$1,567.20

*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

$846.00

 

Partnered - Combined

$1,422.00

 

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

$442.40

$253.60

1 child

$495.60

$306.80

2 children

$548.80

$360.00

For each additional child add $53.20

 

 

 

 

 

Seniors Health Card Taxable Income Limit (effective 1 July 1999)

 

Not a Member of a Couple

 

$40,000.00

Partnered - Combined

 

$67,000.00

Illness Separated - Combined

 

$73,396.00

 

 

 

Assets Value Limit

Low limit

High limit

Not a Member of a Couple

$127,750

$219,250

Partnered - Combined

$181,500

$273,000

Illness Separated - Combined

$181,500

$273,000

 

 

 

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$211,750

$303,250

Partnered - Combined

$308,500

$400,000

 

 

 

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$253,750

$345,250

Partnered - Combined

$390,500

$482,000

 

 

 

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

Low limit

High limit

Not a Member of a Couple

$251,750

$343,250

Partnered - Combined

$388,500

$480,000

 

 

 

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$153,250

$244,750

1 child

$158,250

$249,750

2 children

$163,250

$254,750

3 children

$168,250

$259,750

Partnered - Combined

$225,250

$316,750

1 child

$230,250

$321,750

2 children

$235,250

$326,750

3 children

$240,250

$331,750