Service Pension Income and Assets Limits
Limits effective payday 3 January 2008 – date of effect 1 January 2008 unless otherwise specified.
Ordinary/adjusted income free area
|
|
Income per fortnight |
|
Not a member of a couple |
$132.00 |
|
Partnered – combined |
$232.00 |
|
Illness separated – combined |
$232.00 |
Additional free area for children
|
|
Income per fortnight |
|
Each Dependent Child |
$24.60 |
Income at which SP ceases
|
|
Basic pension |
Maximum RA |
|
Not a member of a couple |
$1,490.75 |
$1,754.25 |
|
Partnered – combined |
$2,492.00 |
$2,740.50 |
|
Illness separated – combined |
$2,949.50 |
$3,476.50 |
|
Ceiling rate – veteran widows |
$1,476.25 |
$1,739.75 |
|
Ceiling rate – partnered |
$2,477.50 |
$2,726.00 |
|
Ceiling rate – Illness separated – partnered |
$2,920.50 |
$3,447.50 |
*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 |
$1,075.25 |
|
Partnered – combined |
$1,675.50 |
|
Illness separated – combined |
$2,118.50 |
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 |
$1,476.25 |
|
^Partnered – combined |
$2,477.50 |
|
Illness separated – combined |
$2,920.50 |
^Cut-off rates are lower because PA is excluded when paid with DP and WWP
Income at which DVA treatment ceases (SP cases)
For each additional child add $79.60
|
|
Partnered (combined) |
Non-Partnered |
|
No children |
$658.00 |
$379.50 |
|
1 child |
$737.60 |
$459.10 |
|
2 children |
$817.20 |
$538.70 |
Seniors health card taxable income limit
Effective 1 July 2001
Annual taxable income limit.
|
|
##Income |
|
Not a member of a couple |
$50,000 |
|
Partnered – combined |
$80,000 |
|
Illness separated – combined |
$100,000 |
|
Respite care – combined |
$100,000 |
## Limit increases with dependent children
Assets value limit
|
|
Low limit |
High limit |
|
Not a member of a couple |
$166,750 |
$287,750 |
|
Partnered – combined |
$236,500 |
$357,500 |
|
Illness separated – combined |
$236,500 |
$357,500 |
Assets at which SP ceases
No RA in payment
|
|
Low limit |
High limit |
|
Not a member of a couple |
$529,250 |
$650,250 |
|
Partnered – combined |
$839,500 |
$960,500 |
|
Illness separated – combined |
$961,500 |
$1082,500 |
Assets before ISS reduces
No RA in payment
|
|
Low limit |
High limit |
|
Not a member of a couple |
$418,500 |
$539,500 |
|
Partnered – combined |
$621,500 |
$742,500 |
|
Illness separated – combined |
$740,000 |
$861,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
|
|
Low limit |
High limit |
|
Not a member of a couple |
$525,250 |
$646,250 |
|
Partnered – combined |
$835,500 |
$956,500 |
|
Illness separated – combined |
$953,500 |
$1,074,500 |
Assets at which DVA treatment SP ceases
|
|
Low limit |
High limit |
|
Not a member of a couple |
$232,750 |
$353,750 |
|
1 child |
$247,500 |
$368,500 |
|
2 children |
$262,250 |
$383,250 |
|
3 children |
$276,750 |
$397,750 |
|
Partnered – combined |
$350,500 |
$471,500 |
|
1 child |
$365,000 |
$486,000 |
|
2 children |
$379,500 |
$500,500 |
|
3 children |
$394,500 |
$515,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/2008/january-2008/service-pension-income-and-assets-limits