Service Pension Income & Assets Limit

LIMITS EFFECTIVE 5 JANUARY 1995    
     

Ordinary/Adjusted Income Free Area

   
Not a Member of a Couple $90.00  
Partnered - Combined $156.00  
Separated Spouse, Widow/er $90.00  
     

Income at which SP Ceases 

Basic Pension* Max. RA#
Not A Member Of A Couple $743.60 $882.00
Partnered - Combined $1,239.20 $1,369.60
Separated Spouse, Widow/er $624.80 $763.20
     

Income at which DVA Treatment Ceases (SP cases)

Partner (combined) Non-Partnered
No children $384.00 $222.00
1 child $436.00 $274.00
2 children $488.00 $326.00
3 children $540.00 $378.00
4 children $592.00 $430.00
5 children $644.00 $482.00
(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   $19,333.60
Partnered - Combined   $32,219.20
Illness Separated - Each   $19,021.60
     

Assets Value Limit

Low limit High limit
Not a Member of a Couple $115,000 $197,000
Partnered - Combined $163,500 $245,500
Separated Spouse, Widow/er $115,000 $197,000
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $224,000 $306,000
Partnered - Combined $344,500 $426,500
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $131,250 $213,250
Partnered - Combined $187,000 $269,000
     

Maintenance Income Test

   
Basic Free area $33.30  
Additional Free Area $11.10  

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1995/january-1995/service-pension-income-assets-limit