Service Pension Income & Assets Limit

LIMITS EFFECTIVE PAYDAY 4 April 2002

(Date of Effect 20/03/2002)

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

$854.25

Partnered - Combined

$1,336.00

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,181.00

$1,407.50

Partnered - Combined

$1,975.00

$2,188.50

Illness Separated - Combined

$1,169.00

$1,395.50

Ceiling Rate - Veteran Widows

$1,166.50

$1,393.00

Ceiling Rate - Partnered

$1,960.50

$2,174.00

*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

$1,166.50

Partnered - Combined

$1,960.50

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

$566.00

$324.00

1 child

$635.60

$393.60

2 children

$705.20

$463.20

For each additional child add $69.60

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

Respite Care - Combined

$100,000.00

# Limit increases with dependent children

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

$240,000

$341,000

Partnered - Combined

$352,000

$453,000

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$283,750

$384,750

Partnered - Combined

$437,500

$538,500

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

Low limit

High limit

Not a Member of a Couple

$281,750

$382,750

Partnered - Combined

$435,500

$536,500

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$169,500

$270,500

1 child

$175,500

$276,500

2 children

$181,500

$282,500

3 children

$187,500

$288,500

Partnered - Combined

$249,500

$350,500

1 child

$255,500

$356,500

2 children

$261,500

$362,500

3 children

$267,500

$368,500