Service Pension Income & Assets Limit
LIMITS EFFECTIVE PAYDAY 8 JANUARY 2004 | ||
(Date of Effect 01/01/2004) | ||
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 |
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Not a Member of a Couple | $916.00 | |
Partnered - Combined | $1,430.00 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
Not a Member of a Couple | $1,266.50 | $1,502.50 |
Partnered - Combined | $2,116.50 | $2,339.50 |
Illness Separated - Combined | $2,505.00 | $2,977.00 |
Ceiling Rate - Veteran Widows | $1,252.00 | $1,488.00 |
Ceiling Rate - Partnered | $2,102.00 | $2,325.00 |
*These increase with dependent children and/or rent | ||
#These increase with dependent children | ||
Adjusted Income at which ISS/DSS Age Pension Ceases |
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Not a Member of a Couple | $1,252.00 | |
Partnered - Combined | $2,102.00 | |
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 | $594.00 | $341.25 |
1 child | $667.10 | $414.35 |
2 children | $740.20 | $487.45 |
For each additional child add $73.10 | ||
Seniors Health Card Taxable Income Limit (effective 1 July 2001)# |
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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 | $255,500 | $363,500 |
Partnered - Combined | $374,500 | $482,500 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
Not a Member of a Couple | $302,500 | $410,500 |
Partnered - Combined | $466,500 | $574,500 |
Illness Separated – Combined | $518,500 | $626,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
Not a Member of a Couple | $300,500 | $408,500 |
Partnered - Combined | $464,500 | $572,500 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
Not a Member of a Couple | $179,250 | $287,250 |
1 child | $185,500 | $293,500 |
2 children | $192,000 | $300,000 |
3 children | $198,500 | $306,500 |
Partnered - Combined | $263,500 | $371,500 |
1 child | $270,000 | $378,000 |
2 children | $276,500 | $384,500 |
3 children | $283,000 | $391,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2004/january-2004/service-pension-income-assets-limit