Service Pension Income and Assets Limits
For pensions assessed under the pre-20 September 2009 rules, refer to the “Transitional Service Pension and ISS Rates and Limits” table
Ordinary/adjusted income free area
|
|
Income per fortnight |
|
Not a member of a couple |
$146.00 |
|
Partnered – combined (including illness separated and respite care) |
$256.00 |
Income Test Taper rate
|
Prior to 01/07/2000 |
50 cents in the dollar |
|
1/7/2000 to 19/9/2009 |
40 cents in the dollar |
|
20/9/2009 |
50 cents in the dollar |
Work Bonus
|
Employment income concession amount |
$500.00 |
Adjusted income at which ISS reduces
Includes WWP.
|
|
Income per fortnight |
|
Not a member of a couple |
$1,124.40 |
|
Partnered – combined |
$1,522.40 |
|
Illness separated – combined |
$2,212.80 |
Income at which minimum payment paid
|
|
Income per fortnight |
|
Not a member of a couple |
$1,487.00 |
|
Partnered – combined |
$2,277.60 |
|
Illness separated – combined |
$2,938.00 |
Income at which SP/Age/ISS ceases
|
|
*Basic pension |
#Maximum RA |
|
Not a member of a couple |
$1,548.20 |
$1,775.00 |
|
Partnered – combined |
$2,370.00 |
$2,584.00 |
|
Illness separated – combined |
$3,060.40 |
$3,514.00 |
|
Ceiling rate – veteran widows |
$1,548.20 |
$1,775.00 |
|
Ceiling rate – partnered |
$2,370.00 |
$2,584.00 |
|
Ceiling rate – Illness separated – partnered |
$3,060.40 |
$3,514.00 |
* Include WWP amount for ISS income limit calculation.
# Child-related RA paid with Family Tax Benefit.
Income at which DVA treatment (SP) ceases
|
|
Income per fortnight |
|
Not a member of a couple |
$359.20 |
|
Partnered – each |
$311.40 |
|
Partnered – combined |
$622.80 |
Seniors health card taxable income limit
Annual taxable income limit. Date of effect 01/07/2001.
|
|
Income Limit |
|
Not a member of a couple (including illness separated and respite care - each) |
$50,000 |
|
Partnered – each |
$40,000 |
This limit increases with dependent children
Assets value limit
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$181,750 |
$313,250 |
|
Partnered – each (including illness separated and respite care) |
$129,000 |
$194,750 |
Assets Test Taper rate
|
1985 to 19/09/1993 |
$1.00 per $250 |
|
20/09/1993 to 19/9/2007 |
75 cents per $250 |
|
from 20/9/2007 |
37.5 cents per $250 |
Assets at which ISS reduces
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$508,000 |
$639,500 |
|
Partnered – combined |
$680,500 |
$812,000 |
|
Illness separated – combined |
$910,500 |
$1,042,000 |
Assets at which minimum payment paid
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$628,750 |
$760,250 |
|
Partnered – combined |
$932,000 |
$1,063,500 |
|
Illness separated – combined |
$1,152,000 |
$1,283,500 |
Assets at which SP/Age/ISS ceases
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$649,250 |
$780,750 |
|
Partnered – combined |
$963,000 |
$1,094,500 |
|
Illness separated – combined |
$1,193,000 |
$1,324,500 |
Assets at which DVA treatment SP ceases
|
|
Low limit |
High limit |
|
Not a member of a couple |
$253,000 |
$384,500 |
|
Partnered – combined |
$380,500 |
$512,000 |
Special disability trust
|
Asset value limit |
$563,250 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2010/july-2010/service-pension-income-and-assets-limits