Service Pension Income and Assets Limits
Limits effective payday 6 July 2006 - date of effect 1 July 2006 unless otherwise specified.
Ordinary/adjusted income free area
Income per fortnight |
|
Not a member of a couple |
$128.00 |
Partnered – combined |
$228.00 |
Illness separated – combined |
$228.00 |
Additional free area for children
Income per fortnight |
|
Each Dependent Child |
$24.60 |
Income at which SP ceases
*Basic Pension |
#Max. RA |
|
Not a member of a couple |
$1,391.75 |
$1,643.25 |
Partnered – combined |
$2,328.50 |
$2,566.00 |
Illness separated – combined |
$2,755.50 |
$3,258.50 |
Ceiling rate – veteran widows |
$1,377.25 |
$1,628.75 |
Ceiling rate – partnered |
$2,314.00 |
$2,551.50 |
Ceiling rate – Illness separated – partnered |
$2,726.50 |
$3,229.50 |
*These increase with dependent children and/or rent
#These increase with dependent children
Adjusted income before ISS reduces
Income per fortnight |
|
Not a member of a couple |
$1,005.25 |
Partnered – combined |
$1,570.00 |
Illness separated – combined |
$1,982.50 |
Adjusted income at which ISS/DSS age pension ceases
Adjusted income is ordinary income plus all war widow's pension and foreign DP
Income per fortnight |
|
^Not a member of a couple |
$1,377.25 |
^Partnered – combined |
$2,314.00 |
Illness separated – combined |
$2,726.50 |
^Cut-off rates are lower because PA is excluded when paid with DP and WWP
Income at which DVA treatment ceases (SP cases)
For each additional child add $76.35
Partnered (combined) |
Non-Partnered |
|
No children |
$635.00 |
$364.25 |
1 child |
$711.35 |
$440.60 |
2 children |
$787.70 |
$516.95 |
Seniors health card taxable income limit
Effective 1 July 2001
Annual taxable income limit.
##Income |
|
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 |
$161,500 |
$278,500 |
Partnered – combined |
$229,000 |
$346,000 |
Illness separated – combined |
$229,000 |
$346,000 |
Assets at which SP ceases
No RA in payment
Low limit |
High limit |
|
Not a member of a couple |
$330,000 |
$447,000 |
Partnered – combined |
$509,500 |
$626,500 |
Illness separated – combined |
$566,000 |
$683,000 |
Assets before ISS reduces
No RA in payment
Low limit |
High limit |
|
Not a member of a couple |
$278,250 |
$395,250 |
Partnered – combined |
$407,500 |
$524,500 |
Illness separated – combined |
$463,000 |
$580,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
Low limit |
High limit |
|
Not a member of a couple |
$328,250 |
$445,250 |
Partnered – combined |
$507,500 |
$624,500 |
Illness separated – combined |
$562,500 |
$679,500 |
Assets at which DVA treatment SP ceases
Low limit |
High limit |
|
Not a member of a couple |
$193,000 |
$310,000 |
1 child |
$200,000 |
$317,000 |
2 children |
$207,000 |
$324,000 |
3 children |
$213,750 |
$330,750 |
Partnered – combined |
$283,500 |
$400,500 |
1 child |
$290,500 |
$407,500 |
2 children |
$297,000 |
$414,000 |
3 children |
$304,000 |
$421,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2006/july-2006/service-pension-income-and-assets-limits