Service Pension Income and Assets Limits
Limits effective payday 30 March 2006 - date of effect 20 March 2006 unless otherwise specified.
Ordinary/adjusted income free area
Income per fortnight |
|
Not a member of a couple |
$124.00 |
Partnered – combined |
$220.00 |
Illness separated – combined |
$220.00 |
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 |
$1,387.75 |
$1,639.25 |
Partnered – combined |
$2,320.50 |
$2,558.00 |
Illness separated – combined |
$2,747.50 |
$3,250.50 |
Ceiling rate – veteran widows |
$1,373.25 |
$1,624.25 |
Ceiling rate – partnered |
$2,306.00 |
$2,543.50 |
Ceiling rate – Illness separated – partnered |
$2,718.50 |
$3,221.50 |
*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 |
$1,001.25 |
Partnered – combined |
$1,562.00 |
Illness separated – combined |
$1,974.50 |
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 |
$1,373.25 |
^Partnered – combined |
$2,306.00 |
Illness separated – combined |
$2,718.50 |
^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 |
$627.00 |
$360.25 |
1 child |
$703.35 |
$436.60 |
2 children |
$779.70 |
$512.95 |
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 |
$157,000 |
$270,500 |
Partnered – combined |
$223,000 |
$336,500 |
Illness separated – combined |
$223,000 |
$336,500 |
Assets at which SP ceases
No RA in payment
Low limit |
High limit |
|
Not a member of a couple |
$325,500 |
$439,000 |
Partnered – combined |
$503,500 |
$617,000 |
Illness separated – combined |
$560,000 |
$673,500 |
Assets before ISS reduces
No RA in payment
Low limit |
High limit |
|
Not a member of a couple |
$273,750 |
$387,250 |
Partnered – combined |
$401,500 |
$515,000 |
Illness separated – combined |
$457,000 |
$570,500 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
Low limit |
High limit |
|
Not a member of a couple |
$323,750 |
$437,250 |
Partnered – combined |
$501,500 |
$615,000 |
Illness separated – combined |
$556,500 |
$670,000 |
Assets at which DVA treatment SP ceases
Low limit |
High limit |
|
Not a member of a couple |
$188,500 |
$302,000 |
1 child |
$195,500 |
$309,000 |
2 children |
$202,500 |
$316,000 |
3 children |
$209,250 |
$322,750 |
Partnered – combined |
$277,500 |
$391,000 |
1 child |
$284,500 |
$398,000 |
2 children |
$291,000 |
$404,500 |
3 children |
$298,000 |
$411,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2006/march-2006/service-pension-income-and-assets-limits