Income Support
Pensions and allowances
| Indexation of pensions and allowances | |||||
| Category | Indexation date(s)... | Reference quarter | Base quarter | Rounding base | Rate calculated under... |
| Service pension maximum basic rate* | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter | $2.60 p/a, rounded up* | Section 59B VEA, Section 59EAA VEA Section 59EA VEA |
| 20-Sep | June quarter | ||||
| Maximum transitional service pension and income support supplement | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2008) | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Pension Supplement Minimum Pension Supplement amount |
20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than June quarter 2009) | $5.20 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Pension Supplement Basic Amount | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter (but not earlier than December quarter 2008) | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Crisis payment | Not indexed but set as equal to the relevant service pension rate. | Veterans' Entitlements (Special Assistance) Regulations 1999 | |||
| Ceiling rate income support supplement Ceiling rate veteran SP war widow/ widower |
20-Mar | Indexed using pension MBR factor | $2.60 p/a, rounded up | Section 59LA VEA | |
| 20-Sep | |||||
| Rent assistance | 20-Mar | December quarter | Highest December or June quarter prior to the reference quarter | $5.20 p/a rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Saved child related payments Guardian allowance |
1-Jul | December quarter | Highest December quarter prior to the reference quarter | $3.65 p/a, rounded off | Schedule 5, clause 10 VEA, |
| Schedule 4 of the A New Tax System (Family Assistance) Act 1999 | |||||
| A New Tax System (Family Assistance) Act 1999 | |||||
| Without adequate means of support pension | Not indexed but set as equal to the relevant service pension rate | Regulations 32, 34, 34AA of the Repatriation Regulations | |||
*These payments may also be increased with reference to MTAWE. MTAWE increases have different rounding rules.
Limits, rates and thresholds
| Indexation of limits, rates and thresholds | |||||
| Category | Indexation date(s)... | Reference quarter | Base quarter | Rounding base | Rate calculated under... |
| Assets value limits* | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| Income free area | 1-Jul | March quarter | March quarter prior to the reference quarter | $52.00 p/a, rounded off | Section 59B VEA |
| Maintenance income free area | 1-Jul | December quarter | Highest December quarter prior to the reference quarter | $10.95 p/a, rounded off | Schedule 5, clause 10 VEA, |
| Schedule 4 of the A New Tax System (Family Assistance) Act 1999 | |||||
| Income/assets reduction limits (IARL) | 20-Mar | December quarter | Highest June or December quarter prior to the reference quarter | $2.60 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Deeming thresholds | 1-Jul | March quarter | Highest March quarter prior to the reference quarter | $200.00, rounded off | Section 59B VEA |
| Pension rent threshold | 20-Mar | December quarter | Highest June or December quarter prior to the reference quarter | $5.20 p/a, rounded off | Section 59B VEA |
| 20-Sep | June quarter | ||||
| Funeral bond threshold | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| Primary production attribution threshold (assets) | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| Primary production attribution threshold (income) | 1-Jul | December quarter | Highest December quarter prior to the reference quarter | $73.00 p/a, rounded off | Schedule 4 of the A New Tax System (Family Assistance) Act 1999 |
| Permissible child earnings, child under 16 | 1-Jan | June quarter | Highest June quarter prior to the reference quarter | $0.05 p/w, rounded off | SSA Part 3.16—Indexation and adjustment of amounts Social Security Act 1991 |
| Permissible child earnings, child 16-21 years old | 1-Jan | June quarter | Highest June quarter prior to the reference quarter | $0.05 p/a, rounded off | SSA |
| Special disability trust assets value limit | 1-Jul | December quarter | December quarter prior to the reference quarter | $250.00, rounded off | Section 59B VEA |
| Seniors health card taxable income limit | 20-Sep | June quarter | Highest June quarter prior to the reference quarter | $1.00 p/a, rounded off | Section 198FAA |
*The 'not a member of a couple' non-homeowner assets value limit is adjusted by a formula with reference to the limits for 'not a member of a couple" homeowners, partnered homeowners and partnered non-homeowners.
Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-9-principles-determining-pension-rate/97-statutory-increases/973-indexation-timetable/income-support
Last amended