Service Pension Income & Assets Limit
| LIMITS EFFECTIVE PAYDAY 1 APRIL 2004 | ||
| (Date of Effect 20/03/2004) | ||
Ordinary/Adjusted Income Free Area |
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| Not a Member of a Couple | $120.00 | |
| Partnered - Combined | $212.00 | |
| Illness Separated - Combined | $212.00 | |
| Additional Free Area per Dependent Child | $24.60 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $935.75 | |
| Partnered - Combined | $1,460.50 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $1,295.00 | $1,533.50 |
| Partnered - Combined | $2,164.50 | $2,390.00 |
| Illness Separated - Combined | $2,562.00 | $3,039.00 |
| Ceiling Rate - Veteran Widows | $1,280.50 | $1,519.00 |
| Ceiling Rate - Partnered | $2,150.00 | $2,375.50 |
| *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 | $1,280.50 | |
| Partnered - Combined | $2,150.00 | |
| 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 | $598.00 | $343.75 |
| 1 child | $671.60 | $417.35 |
| 2 children | $745.20 | $490.95 |
| For each additional child add $73.60 | ||
Seniors Health Card Taxable Income Limit (effective 1 July 2001)# |
||
| 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 | |
| # Limit increases with dependent children | ||
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $149,500 | $257,500 |
| Partnered - Combined | $212,500 | $320,500 |
| Illness Separated - Combined | $212,500 | $320,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $258,250 | $366,250 |
| Partnered - Combined | $378,500 | $486,500 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $306,250 | $414,250 |
| Partnered - Combined | $473,000 | $581,000 |
| Illness Separated – Combined | $526,000 | $634,000 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $304,250 | $412,250 |
| Partnered - Combined | $471,000 | $579,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $179,500 | $287,500 |
| 1 child | $186,000 | $294,000 |
| 2 children | $192,500 | $300,500 |
| 3 children | $199,000 | $307,000 |
| Partnered - Combined | $264,000 | $372,000 |
| 1 child | $270,750 | $378,750 |
| 2 children | $277,250 | $385,250 |
| 3 children | $283,750 | $391,750 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2004/march-2004/service-pension-income-assets-limit