Service Pension Income & Assets Limit
| LIMITS EFFECTIVE PAYDAY 10 July 2003 | ||
| (Date of Effect 01/07/2003) | ||
Ordinary/Adjusted Income Free Area |
||
| 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 | $894.25 | |
| Partnered - Combined | $1,396.50 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $1,235.25 | $1,468.25 |
| Partnered - Combined | $2,064.00 | $2,284.00 |
| Illness Separated - Combined | $2,442.50 | $2,908.50 |
| Ceiling Rate - Veteran Widows | $1,220.75 | $1,453.75 |
| Ceiling Rate - Partnered | $2,049.50 | $2,269.50 |
| *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 |
$1,220.75 |
|
| Partnered - Combined | $2,049.50 | |
| 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 | $589.00 | $338.50 |
| 1 child | $661.60 | $411.10 |
| 2 children | $734.20 | $483.70 |
| For each additional child add $72.60 | ||
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 | $252,500 | $360,500 |
| Partnered - Combined | $370,000 | $478,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $298,250 | $406,250 |
| Partnered - Combined | $459,500 | $567,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $296,500 | $404,500 |
| Partnered - Combined | $457,500 | $565,500 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $178,750 | $286,750 |
| 1 child | $185,250 | $293,250 |
| 2 children | $191,500 | $299,500 |
| 3 children | $198,000 | $306,000 |
| Partnered - Combined | $263,000 | $371,000 |
| 1 child | $269,250 | $377,250 |
| 2 children | $275,750 | $383,750 |
| 3 children | $282,000 | $390,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2003/july-2003/service-pension-income-assets-limit