Service Pension Income & Assets Limit
LIMITS EFFECTIVE 28 SEPTEMBER 1995 | ||
Ordinary Income Free Area |
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Not a Member of a Couple | $94.00 | |
Partnered - Combined | $164.00 | |
Illness Separated - Combined | $164.00 | |
Additional Free Area per Dependent Child | $24.00 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
Not a Member of a Couple | $776.20 | $921.00 |
Partnered - Combined | $1,295.20 | $1,431.60 |
Ceiling Rate - Veteran Widows | $765.80 | $910.60 |
Ceiling Rate - Partnered | $1,284.80 | $1,421.20 |
*These increase with dependent children and/or rent | ||
#These increase with dependent children | ||
Income at which DVA Treatment Ceases (SP cases) |
Partner (combined) | Non-Partnered |
No children | $404.00 | $234.00 |
1 child | $456.00 | $286.00 |
2 children | $508.00 | $338.00 |
(Except when the modified rules apply.) For each additional child add $52.00 | ||
Seniors Health Card Taxable Income Limit |
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Not a Member of a Couple | $20,181.20 | |
Partnered - Combined | $33,675.20 | |
Illness Separated - Combined | $39,738.40 | |
Assets Value Limit |
Low limit | High limit |
Not a Member of a Couple | $118,000.00 | $202,000 |
Partnered - Combined | $167,500.00 | $251,500 |
Separated Spouse, Widow/er | $118,000.00 | $202,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
Not a Member of a Couple | $231,750 | $315,750 |
Partnered - Combined | $356,500 | $440,500 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
Not a Member of a Couple | $230,000 | $314,000 |
Partnered - Combined | $354,500 | $438,500 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
Not a Member of a Couple | $134,500 | $218,500 |
Partnered - Combined | $191,500 | $275,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1995/september-1995/service-pension-income-assets-limit