Service Pension Income & Assets Limit
| LIMITS EFFECTIVE 1 JANUARY 1998 | ||
Ordinary/Adjusted Income Free Area |
||
| Not a Member of a Couple | $100.00 | |
| Partnered - Combined | $176.00 | |
| Illness Separated - Combined | $176.00 | |
| Additional Free Area per Dependent Child | $24.00 | |
Adjusted Income before ISS Reduces |
||
| Not a Member of a Couple | $555.40 | |
| Partnered - Combined | $856.00 | |
Income at which SP Ceases |
Basic Pension* | Max. RA# |
| Not a Member of a Couple | $806.40 | $956.00 |
| Partnered - Combined | $1,347.20 | $1,488.40 |
| Illness Separated - Combined | $794.40 | $944.00 |
| Ceiling Rate - Veteran Widows | $790.80 | $940.40 |
| Ceiling Rate - Partnered | $1,327.60 | $1,468.80 |
| *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 | $795.60 | |
| Partnered - Combined | $1,336.40 | |
| 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 | $428.00 | $246.00 |
| 1 child | $480.00 | $298.00 |
| 2 children | $532.00 | $350.00 |
| (Except when the modified rules apply.) For each additional child add $52.00 | ||
Seniors Health Card Taxable Income Limit |
||
| Not a Member of a Couple | $20,966.40 | |
| Partnered - Combined | $35,027.20 | |
| Illness Separated - Combined | $41,308.80 | |
Assets Value Limit |
Low limit | High limit |
| Not a Member of a Couple | $125,750 | $215,750 |
| Partnered - Combined | $178,500 | $268,500 |
| Illness Separated - Combined | $178,500 | $268,500 |
Assets before ISS Reduces (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $201,750 | $291,750 |
| Partnered - Combined | $292,000 | $382,000 |
Assets at which SP Ceases (No RA in payment) |
Low limit | High limit |
| Not a Member of a Couple | $243,500 | $333,500 |
| Partnered - Combined | $292,000 | $382,000 |
Assets at which ISS/DSS Age Pension Ceases (excludes PA) |
Low limit | High limit |
| Not a Member of a Couple | $241,750 | $331,750 |
| Partnered - Combined | $292,000 | $382,000 |
Assets at which DVA Treatment SP Ceases |
Low limit | High limit |
| Not a Member of a Couple | $143,250 | $233,250 |
| Partnered - Combined | $204,500 | $294,500 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/payment-rates/historical-payment-rates/pre-2011/vea-rates-history/1998/january-1998/service-pension-income-assets-limit