Service Pension Income & Assets Limit

LIMITS EFFECTIVE PAYDAY 05 APRIL 2001

(Date of Effect 20/03/2001)

Ordinary/Adjusted Income Free Area

Not a Member of a Couple

$106.00

Partnered - Combined

$188.00

Illness Separated - Combined

$188.00

Additional Free Area per Dependent Child

$24.60

Adjusted Income before ISS Reduces

Not a Member of a Couple

$798.75

Partnered - Combined

$1,241.00

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,125.50

$1,345.50

Partnered - Combined

$1,880.00

$2,087.00

Illness Separated - Combined

$1,113.50

$1,333.50

Ceiling Rate - Veteran Widows

$1,111.00

$1,331.00

Ceiling Rate - Partnered

$1,865.50

$2,072.50

*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

$1,111.00

Partnered - Combined

$1,865.50

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

$543.00

$311.50

1 child

$610.10

$378.60

2 children

$677.20

$445.70

For each additional child add $67.10

Seniors Health Card Taxable Income Limit (effective 1 July 2000)

Not a Member of a Couple

$41,000.00

Partnered - Combined

$68,676.00

Illness Separated - Combined

$75,230.00

Assets Value Limit

Low limit

High limit

Not a Member of a Couple

$133,250

$228,750

Partnered - Combined

$189,500

$285,000

Illness Separated - Combined

$189,500

$285,000

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$225,500

$321,000

Partnered - Combined

$330,000

$425,500

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$269,250

$364,750

Partnered - Combined

$415,500

$511,000

Assets at which ISS/DSS Age Pension Ceases (excludes PA)

Low limit

High limit

Not a Member of a Couple

$267,250

$362,750

Partnered - Combined

$413,500

$509,000

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$160,750

$256,250

1 child

$166,500

$262,000

2 children

$172,000

$267,500

3 children

$177,750

$273,250

Partnered - Combined

$237,000

$332,500

1 child

$242,750

$338,250

2 children

$248,250

$343,750

3 children

$254,000

$349,500