Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 27 MARCH 1997 | ||
Ordinary/Adjusted Income Free Area |
||
| Not a Member of a Couple | $98.00 | |
| Partnered - Combined | $172.00 | |
| Illness Separated - Combined | $172.00 | |
| Additional Free Area per Dependent Child | $24.00 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $553.40 | |
| Partnered - Combined | $852.00 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $804.40 | $954.00 |
| Partnered - Combined | $1,343.20 | $1,484.40 |
| Illness Separated - Combined | $792.40 | $942.00 |
| Ceiling Rate - Veteran Widows | $790.80 | $940.40 |
| Ceiling Rate - Partnered | $1,327.60 | $1,468.80 |
| *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 | $793.60 | |
| Partnered - Combined | $1,332.40 | |
| 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 | $428.00 | $244.00 |
| 1 child | $480.00 | $296.00 |
| 2 children | $532.00 | $348.00 |
| (Except when the modified rules apply.) For each additional child add $52.00 | ||
Seniors Health Card Taxable Income Limit |
||
| Not a Member of a Couple | $20,914.40 | |
| Partnered - Combined | $34,923.20 | |
| Illness Separated - Combined | $41,204.80 | |
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $124,000 | $212,500 |
| Partnered - Combined | $176,000 | $264,500 |
| Illness Separated - Combined | $176,000 | $264,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $200,000 | $288,500 |
| Partnered - Combined | $289,500 | $378,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $241,750 | $330,250 |
| Partnered - Combined | $371,500 | $460,000 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $240,000 | $328,500 |
| Partnered - Combined | $369,500 | $458,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $141,250 | $229,750 |
| Partnered - Combined | $201,500 | $290,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1997/march-1997/service-pension-income-assets-limit