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Transitional Service Pension and ISS Rates and Limits

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Service pension rate - transitional

Fortnightly rates.

Not a member of a couple

Old rate
New rate

Transitional pension rate

$634.30

$643.80

Minimum pension supplement

$30.60

$31.00

Basic pension supplement

$581.80

$590.50

Tax exempt pension supplement

$52.50

$53.30

 

Partnered – each

Old rate
New rate

Transitional pension rate

$512.30

$520.00

Minimum pension supplement

$23.10

$23.40

Basic pension supplement

$486.00

$493.30

Tax exempt pension supplement

$26.30

$26.70

 

Ordinary/adjusted income free area - transitional

As per non-transitional.

 

Additional free area for children - transitional

 

Income per fortnight

Each Dependent Child

(under 18 years of age)

$24.60

 

Income Test Taper rate – transitional

from 20/9/2009

40 cents in the dollar

 

Adjusted income at which ISS reduces - transitional

Includes WWP.

 

Income per fortnight

Not a member of a couple

$1,214.00

Partnered – combined

$1,773.00

Illness separated – combined

$2,392.00

Additional amount per dependent child

$61.50

 

Income at which SP/Age/ISS ceases - transitional

 

*Basic pension

#Maximum RA

Not a member of a couple

$1,755.50

$2,043.50

Partnered – combined

$2,856.00

$3,127.50

Illness separated – combined

$3,475.00

$4,051.00

* Include WWP amount for ISS income limit calculation.

# Child-related RA paid with Family Tax Benefit.

 

Income at which DVA treatment (SP) ceases - transitional

 

Income per fortnight

Not a member of a couple

$416.50

Partnered – combined

$721.50

For each dependent child add

$24.60

 

Child Income Limits

 

Old rate
New rate

Child 15 or younger (per week)

$175.65

$175.65

Child 16 or older (per annum)

$9,627.05

$9,627.05

 

Assets value limit - transitional

As per non-transitional.

 

Assets Test Taper rate - transitional

As per non-transitional.

 

Assets at which ISS reduces - transitional

 

Low limit

Homeowner

High limit

Non-homeowner

Not a member of a couple

$466,750

$598,250

Partnered – combined

$663,000

$794,500

Illness separated – combined

$828,000

$959,500

 

Assets at which SP/Age/ISS ceases - transitional

 

Low limit
High limit

Without RA

Not a member of a couple

$611,000

$742,500

Partnered – combined

$951,500

$1,083,000

Illness separated – combined

$1,116,500

$1,248,000

 

Assets at which DVA treatment SP ceases - transitional

 

Low limit
High limit

Not a member of a couple

$254,000

$385,500

Partnered – combined

$382,500

$514,000