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Service Pension Income and Assets Limits

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Limits effective payday 28 September 2006 – date of effect 20 September 2006 unless otherwise specified.

Ordinary/adjusted income free area

Income per fortnight

Not a member of a couple

$128.00

Partnered – combined

$228.00

Illness separated – combined

$228.00

Additional free area for children

Income per fortnight

Each Dependent Child
(under 18 years of age)

$24.60

Income at which SP ceases

*Basic Pension

#Max. RA

Not a member of a couple

$1,422.75

$1,680.75

Partnered – combined

$2,381.00

$2,624.50

Illness separated – combined

$2,817.50

$3,333.50

Ceiling rate – veteran widows

$1,408.25

$1,666.25

Ceiling rate – partnered

$2,366.50

$2,610.00

Ceiling rate – Illness separated – partnered

$2,788.50

$3,304.50

*These increase with dependent children and/or rent

#These increase with dependent children

Adjusted income before ISS reduces

Income per fortnight

Not a member of a couple

$1,026.75

Partnered – combined

$1,603.50

Illness separated – combined

$2,025.50

Adjusted income at which ISS/DSS age pension ceases

Adjusted income is ordinary income plus all war widow's pension and foreign DP

Income per fortnight

^Not a member of a couple

$1,408.25

^Partnered – combined

$2,366.50

Illness separated – combined

$2,788.50

^Cut-off rates are lower because PA is excluded when paid with DP and WWP

Income at which DVA treatment ceases (SP cases)

For each additional child add $77.60

Partnered (combined)

Non-Partnered

No children

$645.00

$370.25

1 child

$722.60

$447.85

2 children

$800.20

$525.45

Seniors health card taxable income limit

Effective 1 July 2001

Annual taxable income limit.

##Income

Not a member of a couple

$50,000.00

Partnered – combined

$80,000.00

Illness separated – combined

$100,000.00

Respite care – combined

$100,000.00

## Limit increases with dependent children

Assets value limit

Low limit

High limit

Not a member of a couple

$161,500

$278,500

Partnered – combined

$229,000

$346,000

Illness separated – combined

$229,000

$346,000

Assets at which SP ceases

No RA in payment

Low limit

High limit

Not a member of a couple

$334,250

$451,250

Partnered – combined

$516,500

$633,500

Illness separated – combined

$574,500

$691,500

Assets before ISS reduces

No RA in payment

Low limit

High limit

Not a member of a couple

$281,250

$398,250

Partnered – combined

$412,000

$529,000

Illness separated – combined

$469,000

$586,000

Assets at which ISS/DSS age pension ceases

Rates quoted exclude PA

Low limit

High limit

Not a member of a couple

$332,250

$449,250

Partnered – combined

$514,500

$631,500

Illness separated – combined

$570,500

$687,500

Assets at which DVA treatment SP ceases

Low limit

High limit

Not a member of a couple

$194,000

$311,000

1 child

$201,000

$318,000

2 children

$208,000

$325,000

3 children

$215,000

$332,000

Partnered – combined

$285,000

$402,000

1 child

$292,000

$409,000

2 children

$299,000

$416,000

3 children

$306,000

$423,000