Service Pension Income and Assets Limits

 

Ordinary/adjusted income free area

 

Income per fortnight

Not a member of a couple

$142.00

Partnered – combined

$248.00

Illness separated – combined

$248.00

 

Additional free area for children

 

Income per fortnight

Each Dependent Child

(under 18 years of age)

$24.60

 

Income at which SP ceases

 

*Basic pension
#Maximum RA

Not a member of a couple

$1,581.50

$1,859.50

Partnered – combined

$2,642.50

$2,904.50

Illness separated – combined

$3,127.00

$3,683.00

Ceiling rate – veteran widows

$1,566.50

$1,844.50

Ceiling rate – partnered

$2,627.50

$2,889.50

Ceiling rate – Illness separated – partnered

$3,097.00

$3,653.00

* 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

$1,141.00

Partnered – combined

$1,776.50

Illness separated – combined

$2,246.00

 

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

$1,566.50

^Partnered – combined

$2,627.50

^Illness separated – combined

$3,097.00

^Cut-off rates are lower because PA is excluded when paid with DP and WWP

 

Income at which DVA treatment (SP ceases)

 For each additional child add $85.85

 

Partnered (combined)
Non-Partnered

No children

$697.00

$403.00

1 child

$782.85

$488.85

2 children

$868.70

$574.70

 

Seniors health card taxable income limit

Annual taxable income limit

date of  effect 01/07/2001

 

##Income Limit

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

$178,000

$307,000

Partnered – combined

$252,500

$381,500

Illness separated – combined

$252,500

$381,500

 

Assets at which SP ceases

 No RA in payment

 

Low limit
High limit

Not a member of a couple

$562,000

$691,000

Partnered – combined

$891,500

$1,020,500

Illness separated – combined

$1,020,500

$1,149,500

 

Assets at which ISS reduces

 No RA in payment

 

Low limit
High limit

Not a member of a couple

$444,500

$573,500

Partnered – combined

$660,500

$789,500

Illness separated – combined

$785,500

$914,500

 

Assets at which ISS/DSS age pension ceases

 Rates quoted exclude PA

 

Low limit
High limit

Not a member of a couple

$558,000

$687,000

Partnered – combined

$887,500

$1,016,500

Illness separated – combined

$1,012,500

$1,141,500

 

Assets at which DVA treatment SP ceases

 

Low limit
High limit

Not a member of a couple

$247,750

$376,750

1 child

$264,250

$393,250

2 children

$280,750

$409,750

3 children

$297,250

$426,250

Partnered – combined

$372,500

$501,500

1 child

$389,000

$518,000

2 children

$405,500

$534,500

3 children

$422,000

$551,000

 

 

 

 

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2009/july-2009/service-pension-income-and-assets-limits