Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 4 JULY 1996 | ||
Ordinary/Adjusted Income Free Area |
||
| Not a Member of a Couple | $98.00 | |
| Partnered - Combined | $172.00 | |
| Illness Separated - Combined | $172.00 | |
| Additional Free Area per Dependent Child | $24.00 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $543.00 | |
| Partnered - Combined | $834.80 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $794.00 | $941.60 |
| Partnered - Combined | $1,326.00 | $1,465.20 |
| Ceiling Rate - Veteran Widows | $783.20 | $930.80 |
| Ceiling Rate - Partnered | $1,315.20 | $1,454.40 |
| *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 | $783.20 | |
| Partnered - Combined | $1,315.20 | |
| 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 | $416.00 | $240.00 |
| 1 child | $468.00 | $292.00 |
| 2 children | $520.00 | $344.00 |
| (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 | $20,644.00 | |
| Partnered - Combined | $34,476.00 | |
| Illness Separated - Combined | $40,664.00 | |
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $124,000 | $212,500 |
| Partnered - Combined | $176,000 | $264,500 |
| Illness Separated - Combined | $176,000 | $264,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $198,250 | $286,750 |
| Partnered - Combined | $286,500 | $375,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $240,000 | $328,500 |
| Partnered - Combined | $368,500 | $457,000 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $238,250 | $326,750 |
| Partnered - Combined | $367,000 | $455,500 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $141,250 | $229,750 |
| Partnered - Combined | $201,500 | $290,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1996/july-1996/service-pension-income-assets-limit