Service Pension Income & Assets Limit
LIMITS EFFECTIVE PAYDAY 30 September 2004 | ||
(Date of Effect 20/09/2004) | ||
Ordinary/Adjusted Income Free Area |
||
Not a Member of a Couple | $122.00 | |
Partnered - Combined | $216.00 | |
Illness Separated - Combined | $216.00 | |
Additional Free Area per Dependent Child | $24.60 | |
Adjusted Income before ISS Reduces |
||
Not a Member of a Couple | $949.00 | |
Partnered - Combined | $1,481.50 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
Not a Member of a Couple | $1,313.25 | $1,555.25 |
Partnered - Combined | $2,195.50 | $2,424.00 |
Illness Separated - Combined | $2,598.50 | $3,082.50 |
Ceiling Rate - Veteran Widows | $1,298.75 | $1,540.75 |
Ceiling Rate - Partnered | $2,181.00 | $2,409.50 |
*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 | $1,298.75 | |
Partnered - Combined | $2,181.00 | |
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 | $607.50 | $349.00 |
1 child | $681.85 | $423.35 |
2 children | $756.20 | $497.70 |
For each additional child add $74.35 | ||
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 | |
Respite Care - Combined | $100,000.00 | |
# Limit increases with dependent children | ||
Assets Value Limit |
Low limit | High limit |
Not a Member of a Couple | $153,000 | $263,500 |
Partnered - Combined | $217,500 | $328,000 |
Illness Separated - Combined | $217,500 | $328,000 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
Not a Member of a Couple | $263,250 | $373.75 |
Partnered - Combined | $386,000 | $496,500 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
Not a Member of a Couple | $312,000 | $422,500 |
Partnered - Combined | $481,500 | $592,000 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
Not a Member of a Couple | $310,000 | $420,500 |
Partnered - Combined | $479,500 | $590,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
Not a Member of a Couple | $183,500 | $294,000 |
1 child | $190,000 | $300,500 |
2 children | $196,750 | $307,250 |
3 children | $203,250 | $313,750 |
Partnered - Combined | $269,750 | $380,250 |
1 child | $276,500 | $387,000 |
2 children | $283,000 | $393,500 |
3 children | $289,750 | $400,250 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2004/september-2004/service-pension-income-assets-limit