Service Pension Income and Assets Limits
For pensions assessed under the pre-20 September 2009 rules, refer to the “Transitional Service Pension and ISS Rates and Limits” table
Ordinary/adjusted income free area
|
|
Income per fortnight |
|
Not a member of a couple |
$142.00 |
|
Partnered – combined (including illness separated and respite care) |
$248.00 |
Income Test Taper rate
|
Prior to 01/07/2000 |
50 cents in the dollar |
|
1/7/2000 to 19/9/2009 |
40 cents in the dollar |
|
20/9/2009 |
50 cents in the dollar |
Work Bonus
|
Employment income concession amount |
$500.00 |
Adjusted income at which ISS reduces
Includes WWP.
|
|
Income per fortnight |
|
Not a member of a couple |
$1,120.40 |
|
Partnered – combined |
$1,514.40 |
|
Illness separated – combined |
$2,204.80 |
Income at which minimum payment paid
|
|
Income per fortnight |
|
Not a member of a couple |
$1,483.00 |
|
Partnered – combined |
$2,269.60 |
|
Illness separated – combined |
$2,930.00 |
Income at which SP/Age/ISS ceases
|
|
*Basic pension |
#Maximum RA |
|
Not a member of a couple |
$1,544.20 |
$1,771.00 |
|
Partnered – combined |
$2,362.00 |
$2,576.00 |
|
Illness separated – combined |
$3,052.40 |
$3,506.00 |
|
Ceiling rate – veteran widows |
$1,544.20 |
$1,771.00 |
|
Ceiling rate – partnered |
$2,362.00 |
$2,576.00 |
|
Ceiling rate – Illness separated – partnered |
$3,052.40 |
$3,506.00 |
* Include WWP amount for ISS income limit calculation.
# Child-related RA paid with Family Tax Benefit.
Income at which DVA treatment (SP) ceases
|
|
Income per fortnight |
|
Not a member of a couple |
$355.20 |
|
Partnered – each |
$307.40 |
|
Partnered – combined |
$614.80 |
Seniors health card taxable income limit
Annual taxable income limit. Date of effect 01/07/2001.
|
|
Income Limit |
|
Not a member of a couple (including illness separated and respite care - each) |
$50,000.00 |
|
Partnered – each |
$40,000.00 |
This limit increases with dependent children
Assets value limit
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$178,000 |
$307,000 |
|
Partnered – each (including illness separated and respite care) |
$126,250 |
$190,750 |
Assets Test Taper rate
|
1985 to 19/09/1993 |
$1.00 per $250 |
|
20/09/1993 to 19/9/2007 |
75 cents per $250 |
|
from 20/9/2007 |
37.5 cents per $250 |
Assets at which ISS reduces
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$504,250 |
$633,250 |
|
Partnered – combined |
$675,000 |
$804,000 |
|
Illness separated – combined |
$905,000 |
$1,034,000 |
Assets at which minimum payment paid
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$625,000 |
$754,000 |
|
Partnered – combined |
$926,500 |
$1,055,500 |
|
Illness separated – combined |
$1,146,500 |
$1,275,500 |
Assets at which SP/Age/ISS ceases
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$645,500 |
$774,500 |
|
Partnered – combined |
$957,500 |
$1,086,500 |
|
Illness separated – combined |
$1,187,500 |
$1,316,500 |
Assets at which DVA treatment SP ceases
|
|
Low limit |
High limit |
|
Not a member of a couple |
$249,250 |
$378,250 |
|
Partnered – combined |
$375,000 |
$504,000 |
Special disability trust
|
Asset value limit |
$551,750 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2010/march-2010/service-pension-income-and-assets-limits