Transitional Service Pension and ISS Rates and Limits
Service pension rate - transitional
Fortnightly rates. Date of Effect 20 March 2010
Not a member of a couple |
Old rate |
New rate |
Transitional pension rate |
$624.90 |
$634.30 |
Minimum pension supplement |
$30.20 |
$30.60 |
Basic pension supplement |
$573.20 |
$581.80 |
Tax exempt pension supplement |
$51.70 |
$52.50 |
Partnered – each |
Old rate |
New rate |
Transitional pension rate |
$504.70 |
$512.30 |
Minimum pension supplement |
$22.80 |
$23.10 |
Basic pension supplement |
$478.80 |
$486.00 |
Tax exempt pension supplement |
$25.90 |
$26.30 |
Ordinary/adjusted income free area - transitional
As per non-transitional.
Additional free area for children - transitional
|
Income per fortnight |
Each Dependent Child |
$24.60 |
Income Test Taper rate – transitional
from 20/9/2009 |
40 cents in the dollar |
Adjusted income at which ISS reduces - transitional
Includes WWP.
|
Income per fortnight |
Not a member of a couple |
$1,198.00 |
Partnered – combined |
$1,750.00 |
Illness separated – combined |
$2,360.00 |
Additional amount per dependent child |
$61.50 |
Income at which SP/Age/ISS ceases - transitional
|
*Basic pension |
#Maximum RA |
Not a member of a couple |
$1,727.75 |
$2,011.25 |
Partnered – combined |
$2,809.50 |
$3,077.00 |
Illness separated – combined |
$3,419.50 |
$3,986.50 |
* Include WWP amount for ISS income limit calculation.
# Child-related RA paid with Family Tax Benefit.
Income at which DVA treatment (SP) ceases - transitional
|
Income per fortnight |
Not a member of a couple |
$408.50 |
Partnered – combined |
$706.50 |
For each dependent child add |
$24.60 |
Child Income Limits
|
Old rate |
New rate |
Child 15 or younger (per week) |
$175.65 |
$175.65 |
Child 16 or older (per annum) |
$9,627.05 |
$9,627.05 |
Assets value limit - transitional
As per non-transitional.
Assets Test Taper rate - transitional
As per non-transitional.
Assets at which ISS reduces - transitional
|
Low limitHomeowner |
High limitNon-homeowner |
Not a member of a couple |
$459,750 |
$588,750 |
Partnered – combined |
$653,500 |
$782,500 |
Illness separated – combined |
$816,000 |
$945,000 |
Assets at which SP/Age/ISS ceases - transitional
|
Low limit |
High limitWithout RA |
Not a member of a couple |
$601,000 |
$730,000 |
Partnered – combined |
$936,000 |
$1,065,000 |
Illness separated – combined |
$1,098,500 |
$1,227,500 |
Assets at which DVA treatment SP ceases - transitional
|
Low limit |
High limit |
Not a member of a couple |
$249,250 |
$378,250 |
Partnered – combined |
$375,000 |
$504,000 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2010/march-2010/transitional-service-pension-and-iss-rates-and-limits