Service Pension Income and Assets Limits
Limits effective payday 28 September 2006 – date of effect 20 September 2006 unless otherwise specified.
Ordinary/adjusted income free area
|
Income per fortnight |
Not a member of a couple |
$128.00 |
Partnered – combined |
$228.00 |
Illness separated – combined |
$228.00 |
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 |
$1,422.75 |
$1,680.75 |
Partnered – combined |
$2,381.00 |
$2,624.50 |
Illness separated – combined |
$2,817.50 |
$3,333.50 |
Ceiling rate – veteran widows |
$1,408.25 |
$1,666.25 |
Ceiling rate – partnered |
$2,366.50 |
$2,610.00 |
Ceiling rate – Illness separated – partnered |
$2,788.50 |
$3,304.50 |
*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 |
$1,026.75 |
Partnered – combined |
$1,603.50 |
Illness separated – combined |
$2,025.50 |
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 |
$1,408.25 |
^Partnered – combined |
$2,366.50 |
Illness separated – combined |
$2,788.50 |
^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 $77.60
|
Partnered (combined) |
Non-Partnered |
No children |
$645.00 |
$370.25 |
1 child |
$722.60 |
$447.85 |
2 children |
$800.20 |
$525.45 |
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 |
$161,500 |
$278,500 |
Partnered – combined |
$229,000 |
$346,000 |
Illness separated – combined |
$229,000 |
$346,000 |
Assets at which SP ceases
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$334,250 |
$451,250 |
Partnered – combined |
$516,500 |
$633,500 |
Illness separated – combined |
$574,500 |
$691,500 |
Assets before ISS reduces
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$281,250 |
$398,250 |
Partnered – combined |
$412,000 |
$529,000 |
Illness separated – combined |
$469,000 |
$586,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
|
Low limit |
High limit |
Not a member of a couple |
$332,250 |
$449,250 |
Partnered – combined |
$514,500 |
$631,500 |
Illness separated – combined |
$570,500 |
$687,500 |
Assets at which DVA treatment SP ceases
|
Low limit |
High limit |
Not a member of a couple |
$194,000 |
$311,000 |
1 child |
$201,000 |
$318,000 |
2 children |
$208,000 |
$325,000 |
3 children |
$215,000 |
$332,000 |
Partnered – combined |
$285,000 |
$402,000 |
1 child |
$292,000 |
$409,000 |
2 children |
$299,000 |
$416,000 |
3 children |
$306,000 |
$423,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2007/january-2007/service-pension-income-and-assets-limits