Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 2 JULY 1998 | ||
Ordinary/Adjusted Income Free Area |
||
| Not a Member of a Couple | $100.00 | |
| Partnered - Combined | $176.00 | |
| Illness Separated - Combined | $176.00 | |
| Additional Free Area per Dependent Child | $24.00 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $569.00 | |
| Partnered - Combined | $878.80 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $820.00 | $969.60 |
| Partnered - Combined | $1,370.00 | $1,511.20 |
| Illness Separated - Combined | $808.00 | $957.60 |
| Ceiling Rate - Veteran Widows | $790.80 | $940.40 |
| Ceiling Rate - Partnered | $1,359.20 | $1,500.40 |
| *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 | $809.20 | |
| Partnered - Combined | $1,359.20 | |
| 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 | $428.00 | $246.00 |
| 1 child | $480.00 | $298.00 |
| 2 children | $532.00 | $350.00 |
| (Except when the modified rules apply.) For each additional child add $52.00 | ||
Seniors Health Card Taxable Income Limit |
||
| Not a Member of a Couple | $21,320.00 | |
| Partnered - Combined | $35,620.00 | |
| Illness Separated - Combined | $42,016.00 | |
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $125,750 | $215,750 |
| Partnered - Combined | $178,500 | $268,500 |
| Illness Separated - Combined | $178,500 | $268,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $204,000 | $294,000 |
| Partnered - Combined | $295,500 | $385,500 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $245,750 | $333,750 |
| Partnered - Combined | $377,500 | $467,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $244,000 | $334,000 |
| Partnered - Combined | $376,000 | $466,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $143,250 | $233,250 |
| Partnered - Combined | $204,500 | $294,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1998/july-1998/service-pension-income-assets-limit