Service Pension Income & Assets Limit

LIMITS EFFECTIVE PAYDAY 12 JULY 2001

(Date of Effect 01/07/2001)

Ordinary/Adjusted Income Free Area

Not a Member of a Couple

$112.00

Partnered - Combined

$200.00

Illness Separated - Combined

$200.00

Additional Free Area per Dependent Child

$24.60

Adjusted Income before ISS Reduces

Not a Member of a Couple

$804.75

Partnered - Combined

$1,253.00

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,131.50

$1,351.50

Partnered - Combined

$1,892.00

$2,099.00

Illness Separated - Combined

$1,119.50

$1,339.50

Ceiling Rate - Veteran Widows

$1,117.00

$1,337.00

Ceiling Rate - Partnered

$1,877.50

$2,084.50

*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

$1,117.00

Partnered - Combined

$1,877.50

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

$555.00

$317.50

1 child

$622.10

$384.60

2 children

$689.20

$451.70

For each additional child add $67.10

Seniors Health Card Taxable Income Limit (effective 1 July 2001)

Not a Member of a Couple

$50,000.00

Partnered - Combined

$80,000.00

Illness Separated - Combined

$100,000.00

Assets Value Limit

Low limit

High limit

Not a Member of a Couple

$141,000

$242,000

Partnered - Combined

$200,500

$301,500

Illness Separated - Combined

$200,500

$301,500

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$233,250

$334,250

Partnered - Combined

$341,000

$442,000

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$277,000

$378,000

Partnered - Combined

$426,500

$527,500

Assets at which ISS/DSS Age Pension Ceases (excludes PA)

Low limit

High limit

Not a Member of a Couple

$275,000

$376,000

Partnered - Combined

$424,500

$525,500

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$168,500

$269,500

1 child

$174,250

$275,250

2 children

$179,750

$280,750

3 children

$185,500

$286,500

Partnered - Combined

$248,000

$349,000

1 child

$253,750

$354,750

2 children

$259,250

$360,250

3 children

$265,000

$366,000