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 |
$142.00 |
|
Partnered – combined |
$248.00 |
|
Illness separated – combined |
$248.00 |
Income Test Taper rate
|
from 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 |
$1,080.80 |
|
Partnered – combined |
$1,464.00 |
|
Illness separated – combined |
$2,125.60 |
Income at which minimum payment paid
|
|
Income per fortnight |
|
Not a member of a couple |
$1,425.40 |
|
Partnered – combined |
$2,182.80 |
|
Illness separated – combined |
$2,814.80 |
Income at which SP/Age/ISS ceases
|
|
*Basic pension |
#Maximum RA |
|
Not a member of a couple |
$1,485.80 |
$1,709.40 |
|
Partnered – combined |
$2,274.00 |
$2,484.80 |
|
Illness separated – combined |
$2,935.60 |
$3,382.80 |
|
Ceiling rate – veteran widows |
$1,485.80 |
$1,709.40 |
|
Ceiling rate – partnered |
$2,274.00 |
$2,484.80 |
|
Ceiling rate – Illness separated – partnered |
$2,935.60 |
$3,382.80 |
* 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 |
$352.00 |
|
Partnered – combined |
$609.20 |
Seniors health card taxable income limit
Annual taxable income limit. Date of effect 01/07/2001.
|
|
Income Limit |
|
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 |
This limit increases with dependent children
Assets value limit
|
|
Low limit |
High limit |
|
Not a member of a couple |
$178,000 |
$307,000 |
|
Partnered – combined |
$252,500 |
$381,500 |
|
Illness separated – combined |
$252,500 |
$381,500 |
Assets Test Taper rate
|
from 20/9/2007 |
37.5 cents per $250 |
Assets at which ISS reduces
|
|
Low limit |
High limit |
|
Not a member of a couple |
$491,000 |
$620,000 |
|
Partnered – combined |
$658,000 |
$787,000 |
|
Illness separated – combined |
$878,500 |
$1,007,500 |
Assets at which minimum payment paid
|
|
Low limit |
High limit |
|
Not a member of a couple |
$606,000 |
$735,000 |
|
Partnered – combined |
$897,500 |
$1,026,500 |
|
Illness separated – combined |
$1,108,500 |
$1,237,500 |
Assets at which SP/Age/ISS ceases
|
|
Low limit |
High limit |
|
Not a member of a couple |
$626,000 |
$755,000 |
|
Partnered – combined |
$928,000 |
$1,057,000 |
|
Illness separated – combined |
$1,148,500 |
$1,277,500 |
Assets at which DVA treatment SP ceases
|
|
Low limit |
High limit |
|
Not a member of a couple |
$248,000 |
$377,000 |
|
Partnered – combined |
$373,000 |
$502,000 |
Special disability trust
|
Asset value limit |
$551,750 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2010/january-2010/service-pension-income-and-assets-limits