Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 24 SEPTEMBER 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 | $574.40 | |
| Partnered - Combined | $888.00 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $825.40 | $975.80 |
| Partnered - Combined | $1,379.20 | $1,521.20 |
| Illness Separated - Combined | $813.40 | $963.80 |
| Ceiling Rate - Veteran Widows | $814.60 | $965.00 |
| Ceiling Rate - Partnered | $1,368.40 | $1,510.40 |
| *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 | $814.60 | |
| Partnered - Combined | $1,368.40 | |
| 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 | $432.00 | $248.00 |
| 1 child | $484.00 | $300.00 |
| 2 children | $536.00 | $352.00 |
| (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 | $21,460.40 | |
| Partnered - Combined | $35,859.20 | |
| Illness Separated - Combined | $42,296.80 | |
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 | $204,750 | $294,750 |
| Partnered - Combined | $297,000 | $387,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $246,750 | $336,750 |
| Partnered - Combined | $379,500 | $469,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $245,000 | $335,000 |
| Partnered - Combined | $377,000 | $467,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $150,500 | $240,500 |
| Partnered - Combined | $221,250 | $311,250 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1998/september-1998/service-pension-income-assets-limit