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Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
2018 rates
20 September 2018
- Financial assets and deeming 20 September 2018
| Old rate | New Rate | Difference |
Financial assets and deeming | 01/07/2018 | 20/09/2018 |
|
Deeming thresholds |
| Limit |
|
Single | $ 51,200.00 | $ 51,200.00 | $ - |
Partnered (combined), including illness separated and respite care | $ 85,000.00 | $ 85,000.00 | $ - |
Deeming rates |
|
|
|
Low deeming rate | 1.75% | 1.75% | N/A |
High deeming rate | 3.25% | 3.25% | N/A |
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Financial asset notification limits (non-transitional) |
|
|
|
Single |
| Limit |
|
Service pension max rate $ variation (homeowner) | $ 162,830.77 | $ 162,830.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 162,830.77 | $ 162,830.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 429,630.77 | $ 431,870.77 | $ 2,240.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 429,630.77 | $ 431,870.77 | $ 2,240.00 |
Age pension max rate (homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Age pension max rate (non-homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Part rate $ variation (income) | $ 1,600.00 | $ 1,600.00 | $ - |
Part rate $ variation (assets) | $ 500.00 | $ 500.00 | $ - |
Partnered - combined |
| Limit |
|
Service pension max rate $ variation (homeowner) | $ 285,630.77 | $ 285,630.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 285,630.77 | $ 285,630.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 655,500.00 | $ 658,000.00 | $ 2,500.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 841,870.77 | $ 846,830.77 | $ 4,960.00 |
Age pension max rate (homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Age pension max rate (non-homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Part rate $ variation (income) | $ 3,200.00 | $ 3,200.00 | $ - |
Part rate $ variation (assets) | $ 750.00 | $ 750.00 | $ - |
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Financial asset notification limits (transitional) |
|
|
|
Single |
| Limit |
|
Service pension max rate $ variation (homeowner) | $ 163,230.77 | $ 163,230.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 163,230.77 | $ 163,230.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 415,390.77 | $ 414,590.77 | -$ 800.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 415,390.77 | $ 414,590.77 | -$ 800.00 |
Age pension max rate (homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Age pension max rate (non-homeowner) | $ 161,230.77 | $ 161,230.77 | $ - |
Part rate $ variation (income) | $ 2,000.00 | $ 2,000.00 | $ - |
Part rate $ variation (assets) | $ 500.00 | $ 500.00 | $ - |
Partnered - combined |
| Limit |
|
Service pension max rate $ variation (homeowner) | $ 286,430.77 | $ 286,430.77 | $ - |
Service pension max rate $ variation (non-homeowner) | $ 286,430.77 | $ 286,430.77 | $ - |
ISS ceiling rate $ variation (homeowner) | $ 616,500.00 | $ 618,000.00 | $ 1,500.00 |
ISS ceiling rate $ variation (non-homeowner) | $ 823,500.00 | $ 825,000.00 | $ 1,500.00 |
Age pension max rate (homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Age pension max rate (non-homeowner) | $ 282,430.77 | $ 282,430.77 | $ - |
Part rate $ variation (income) | $ 4,000.00 | $ 4,000.00 | $ - |
Part rate $ variation (assets) | $ 750.00 | $ 750.00 | $ - |