Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 4 JANUARY 1996 | ||
Ordinary/Adjusted Income Free Area |
||
| Not a Member of a Couple | $94.00 | |
| Partnered - Combined | $164.00 | |
| Illness Separated - Combined | $164.00 | |
| Additional Free Area per Dependent Child | $24.00 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $525.60 | |
| Partnered - Combined | $804.40 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $776.60 | $921.40 |
| Partnered - Combined | $1,295.60 | $1,432.00 |
| Ceiling Rate - Veteran Widows | $765.80 | $910.60 |
| Ceiling Rate - Partnered | $1,284.80 | $1,421.20 |
| *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 | $765.80 | |
| Partnered - Combined | $1,284.80 | |
| 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 | $404.00 | $234.00 |
| 1 child | $456.00 | $286.00 |
| 2 children | $508.00 | $338.00 |
| (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 | $20,191.60 | |
| Partnered - Combined | $33,685.60 | |
| Illness Separated - Combined | $39,759.20 | |
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $118,000 | $202,000 |
| Partnered - Combined | $167,500 | $251,500 |
| Illness Separated - Combined | $167,500 | $251,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $190,000 | $274,000 |
| Partnered - Combined | $274,500 | $358,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $232,000 | $316,000 |
| Partnered - Combined | $356,500 | $440,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $230,500 | $314,000 |
| Partnered - Combined | $354,500 | $438,500 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $134,500 | $218,500 |
| Partnered - Combined | $201,500 | $275,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1996/january-1996/service-pension-income-assets-limit