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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 4 October 2001

 

(Date of Effect 20/09/2001)

 

 

 

 

 

Ordinary/Adjusted Income Free Area

 

 

Not a Member of a Couple

$112.00

 

Partnered - Combined

$200.00

 

Illness Separated - Combined

$200.00

 

Additional Free Area per Dependent Child

$24.60

 

 

 

 

Adjusted Income before ISS Reduces

 

 

Not a Member of a Couple

$826.00

 

Partnered - Combined

$1,288.50

 

 

 

 

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,152.75

$1,376.75

Partnered - Combined

$1,927.50

$2,138.50

Illness Separated - Combined

$1,140.75

$1,364.75

Ceiling Rate - Veteran Widows

$1,138.25

$1,362.25

Ceiling Rate - Partnered

$1,913.00

$2,124.00

*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

$1,138.25

 

Partnered - Combined

$1,913.00

 

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

$561.50

$321.50

1 child

$630.10

$390.10

2 children

$698.70

$458.70

For each additional child add $68.60

 

 

 

 

 

Seniors Health Card Taxable Income Limit (effective 1 July 2001)

 

Not a Member of a Couple

 

$50,000.00

Partnered - Combined

 

$80,000.00

Illness Separated - Combined

 

$100,000.00

 

 

 

Assets Value Limit

Low limit

High limit

Not a Member of a Couple

$141,000

$242,000

Partnered - Combined

$200,500

$301,500

Illness Separated - Combined

$200,500

$301,500

 

 

 

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$236,250

$337,250

Partnered - Combined

$345,500

$446,500

 

 

 

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$280,000

$381,000

Partnered - Combined

$431,000

$532,000

 

 

 

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

Low limit

High limit

Not a Member of a Couple

$278,000

$379,000

Partnered - Combined

$429,000

$530,000

 

 

 

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$169,000

$270,000

1 child

$175,000

$276,000

2 children

$180,750

$281,750

3 children

$186,750

$287,750

Partnered - Combined

$248,750

$349,750

1 child

$254,750

$355,750

2 children

$260,500

$361,500

3 children

$266,500

$367,500