Service Pension Income & Assets Limit

LIMITS EFFECTIVE PAYDAY 11 JULY 2002

(Date of Effect 01/07/2002)

Ordinary/Adjusted Income Free Area

Not a Member of a Couple

$116.00

Partnered - Combined

$204.00

Illness Separated - Combined

$204.00

Additional Free Area per Dependent Child

$24.60

Adjusted Income before ISS Reduces

Not a Member of a Couple

$858.25

Partnered - Combined

$1,340.00

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,185.00

$1,411.50

Partnered - Combined

$1,979.00

$2,192.50

Illness Separated - Combined

$1,171.00

$1,397.50

Ceiling Rate - Veteran Widows

$1,170.50

$1,397.00

Ceiling Rate - Partnered

$1,964.50

$2,178.00

*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

$1,170.50

Partnered - Combined

$1,964.50

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

$570.00

$328.00

1 child

$639.60

$397.60

2 children

$709.20

$467.20

For each additional child add $69.60

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

$145,250

$249,750

Partnered - Combined

$206,500

$311,000

Illness Separated - Combined

$206,500

$311,000

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$244,250

$348,750

Partnered - Combined

$358,000

$462,500

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$288,000

$392,500

Partnered - Combined

$443,500

$548,000

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

Low limit

High limit

Not a Member of a Couple

$286,000

$390,500

Partnered - Combined

$441,500

$546,000

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$173,750

$278,250

1 child

$179,750

$284,250

2 children

$185,750

$290,250

3 children

$191,750

$296,250

Partnered - Combined

$255,500

$360,000

1 child

$261,500

$366,000

2 children

$267,500

$372,000

3 children

$273,500

$378,000