Service Pension (SP), Income Support Supplement (ISS) and Age Pension (AP) |
01/01/2012 |
20/03/2012 |
||||||
Aged care |
||||||||
Standard pensioner contribution |
Fortnightly |
|||||||
Standard pensioner contribution - general |
$578.76 |
$583.94 |
$5.18 |
|||||
Standard pensioner contribution - phased |
$558.04 |
$570.08 |
$12.04 |
|||||
Standard pensioner contribution - protected resident |
$528.22 |
$532.84 |
$4.62 |
|||||
Standard pensioner contribution - certain pre 2008 reform residents |
$657.86 |
$663.74 |
$5.88 |
|||||
Income and Asset limits |
Annual |
|||||||
Minimum permissable asset value |
$40,500.00 |
$40,500.00 |
$0.00 |
|||||
Partially supported resident |
$107,850.40 |
$107,850.40 |
$0.00 |
|||||
Concessional resident |
$40,500.00 |
$40,500.00 |
$0.00 |
|||||
Assisted resident |
$64,500.00 |
$65,500.00 |
$1,000.00 |
|||||
Threshold amount |
$6,341.40 |
$6,398.60 |
$57.20 |
|||||
Seniors Health Card Income Limit |
Annual |
|||||||
Single rate, including illness separated and respite care |
$50,000.00 |
$50,000.00 |
$0.00 |
|||||
Partnered (each) |
$40,000.00 |
$40,000.00 |
$0.00 |
|||||
Child income limits |
Limit |
|||||||
Child 15 or younger (per week) |
$187.60 |
$187.60 |
$0.00 |
|||||
Child 16 or older (per annum) |
$10,282.80 |
$10,282.80 |
$0.00 |
|||||
Assets value limit |
||||||||
Homeowner |
Limit |
|||||||
Single |
$186,750.00 |
$186,750.00 |
$0.00 |
|||||
Partnered (each) including illness separated and respite care |
$132,500.00 |
$132,500.00 |
$0.00 |
|||||
Non-homeowner |
||||||||
Single |
$321,750.00 |
$321,750.00 |
$0.00 |
|||||
Partnered (each) including illness separated and respite care |
$200,000.00 |
$200,000.00 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
01/07/2011 |
|||||||
Asset Levels at which SP ceases (non-transitional) |
||||||||
Low Limit |
Limit |
|||||||
Not a Member of a Couple |
$686,000.00 |
$690,500.00 |
$4,500.00 |
|||||
Partnered - combined |
$1,018,000.00 |
$1,024,500.00 |
$6,500.00 |
|||||
Illness Separated - combined |
$1,263,500.00 |
$1,272,500.00 |
$9,000.00 |
|||||
High Limit (without RA) |
||||||||
Not a Member of a Couple |
$821,000.00 |
$825,500.00 |
$4,500.00 |
|||||
Partnered - combined |
$1,153,000.00 |
$1,159,500.00 |
$6,500.00 |
|||||
Illness Separated - combined |
$1,398,500.00 |
$1,407,500.00 |
$9,000.00 |
|||||
Asset Levels at which SP ceases (transitional) |
||||||||
Low Limit |
||||||||
Not a Member of a Couple |
$631,750.00 |
$634,250.00 |
$2,500.00 |
|||||
Partnered - combined |
$983,500.00 |
$988,000.00 |
$4,500.00 |
|||||
Illness Separated - combined |
$1,155,000.00 |
$1,160,000.00 |
$5,000.00 |
|||||
High Limit (without RA) |
||||||||
Not a Member of a Couple |
$766,750.00 |
$769,250.00 |
$2,500.00 |
|||||
Partnered - combined |
$1,118,500.00 |
$1,123,000.00 |
$4,500.00 |
|||||
Illness Separated - combined |
$1,290,000.00 |
$1,295,000.00 |
$5,000.00 |
|||||
Special disability trust asset limit |
Limit |
|||||||
Asset value limit |
$578,500.00 |
$578,500.00 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Income Limit at which SP/ISS/AP ceases (non-transitional) |
||||||||
SP with no Rent Assistance |
Fortnightly |
|||||||
Not a Member of a Couple |
$1,647.60 |
$1,661.00 |
$13.40 |
|||||
Partnered - combined |
$2,522.00 |
$2,542.00 |
$20.00 |
|||||
Illness Separated - combined |
$3,259.20 |
$3,286.00 |
$26.80 |
|||||
SP with Maximum Rent Assistance |
||||||||
Not a Member of a Couple |
$1,886.40 |
$1,901.40 |
$15.00 |
|||||
Partnered - combined |
$2,747.20 |
$2,768.40 |
$21.20 |
|||||
Illness Separated - combined |
$3,736.80 |
$3,766.80 |
$30.00 |
|||||
Income Limit at which SP/ISS/AP ceases (transitional) |
||||||||
SP with no Rent Assistance |
||||||||
Not a Member of a Couple |
$1,818.00 |
$1,828.00 |
$10.00 |
|||||
Partnered - combined |
$2,958.00 |
$2,974.00 |
$16.00 |
|||||
Illness Separated - combined |
$3,600.00 |
$3,620.00 |
$20.00 |
|||||
Additional amount per dependent child |
$24.60 |
$24.60 |
$0.00 |
|||||
SP with Maximum Rent Assistance |
||||||||
Not a Member of a Couple |
$2,116.50 |
$2,128.50 |
$12.00 |
|||||
Partnered - combined |
$3,239.50 |
$3,257.00 |
$17.50 |
|||||
Illness Separated - combined |
$4,197.00 |
$4,221.00 |
$24.00 |
|||||
Additional amount per dependent child |
$24.60 |
$24.60 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Income and assets reduction limit |
Fortnightly |
|||||||
Single |
$112.10 |
$112.80 |
$0.70 |
|||||
Partnered (each), including illness separated and respite care |
$96.50 |
$97.10 |
$0.60 |
|||||
Income free area |
Fortnightly |
|||||||
Single |
$150.00 |
$150.00 |
$0.00 |
|||||
Partnered (combined), including illness separated and respite care |
$264.00 |
$264.00 |
$0.00 |
|||||
Additional amount for dependent children (transitional only) |
$24.60 |
$24.60 |
$0.00 |
|||||
Maintenance income free area |
Annual |
|||||||
Amount per person (1 child) |
$1,401.60 |
$1,401.60 |
$0.00 |
|||||
Amount per additional child |
$467.20 |
$467.20 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
20/03/2011 |
01/07/2011 |
|||||||
Deeming thresholds |
Limit |
|||||||
Single |
$44,600.00 |
$44,600.00 |
$0.00 |
|||||
Partnered (combined), including illness separated and respite care |
$74,400.00 |
$74,400.00 |
$0.00 |
|||||
Exempt funeral investment threshold |
Limit |
|||||||
Exempt funeral investment threshold |
$11,250.00 |
$11,250.00 |
$0.00 |
|||||
Primary production attribution threshold |
Limit |
|||||||
Primary production attribution threshold (assets) |
$1,052,750.00 |
$1,052,750.00 |
$0.00 |
|||||
Primary production attribution threshold (income) |
$46,355.00 |
$46,355.00 |
$0.00 |
|||||
SHA assessable amount |
Fortnightly |
|||||||
Single non-transitional service pension |
$629.00 |
$635.30 |
$6.30 |
|||||
Partnered non-transitional service pension |
$519.40 |
$524.10 |
$4.70 |
|||||
Single transitional service pension |
$592.20 |
$595.80 |
$3.60 |
|||||
Partnered transitional service pension |
$493.70 |
$496.60 |
$2.90 |
|||||
War widow pension |
$671.30 |
$678.00 |
$6.70 |
|||||
Single income support supplement |
$194.60 |
$196.50 |
$1.90 |
|||||
Partnered income support supplement |
$202.50 |
$204.50 |
$2.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Minimum rent for maximum Rent Assistance (RA) |
||||||||
Single |
Fortnightly |
|||||||
No children |
$265.40 |
$267.07 |
$1.67 |
|||||
1-2 children |
$326.57 |
$328.53 |
$1.96 |
|||||
3 or more children |
$351.03 |
$353.17 |
$2.15 |
|||||
Partnered |
||||||||
No children |
$322.93 |
$324.73 |
$1.80 |
|||||
1-2 children |
$393.63 |
$396.01 |
$2.38 |
|||||
3 or more children |
$418.09 |
$420.65 |
$2.57 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Income limit for Gold Card with SP (non-transitional) |
Fortnightly |
|||||||
Not a Member of a Couple |
$374.20 |
$375.60 |
$1.40 |
|||||
Partnered - each |
$325.00 |
$326.20 |
$1.20 |
|||||
Partnered - combined |
$650.00 |
$652.40 |
$2.40 |
|||||
Income limit for Gold Card with SP (transitional) |
||||||||
Not a Member of a Couple |
||||||||
No Children |
$430.25 |
$432.00 |
$1.75 |
|||||
1 Child |
$454.85 |
$456.60 |
$1.75 |
|||||
2 Children |
$479.45 |
$481.20 |
$1.75 |
|||||
3 Children |
$504.05 |
$505.80 |
$1.75 |
|||||
4 Children |
$528.65 |
$530.40 |
$1.75 |
|||||
5 Children |
$553.25 |
$555.00 |
$1.75 |
|||||
6 Children |
$577.85 |
$579.60 |
$1.75 |
|||||
7 Children |
$602.45 |
$604.20 |
$1.75 |
|||||
8 Children |
$627.05 |
$628.80 |
$1.75 |
|||||
9 Children |
$651.65 |
$653.40 |
$1.75 |
|||||
10 Children |
$676.25 |
$678.00 |
$1.75 |
|||||
Additional per child |
$24.60 |
$24.60 |
$0.00 |
|||||
Partnered - each |
||||||||
No Children |
$373.25 |
$374.75 |
$1.50 |
|||||
Partnered - combined |
||||||||
No Children |
$746.50 |
$749.50 |
$3.00 |
|||||
1 Child |
$771.10 |
$774.10 |
$3.00 |
|||||
2 Children |
$795.70 |
$798.70 |
$3.00 |
|||||
3 Children |
$820.30 |
$823.30 |
$3.00 |
|||||
4 Children |
$844.90 |
$847.90 |
$3.00 |
|||||
5 Children |
$869.50 |
$872.50 |
$3.00 |
|||||
6 Children |
$894.10 |
$897.10 |
$3.00 |
|||||
7 Children |
$918.70 |
$921.70 |
$3.00 |
|||||
8 Children |
$943.30 |
$946.30 |
$3.00 |
|||||
9 Children |
$967.90 |
$970.90 |
$3.00 |
|||||
10 Children |
$992.50 |
$995.50 |
$3.00 |
|||||
Additional per child |
$24.60 |
$24.60 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Asset limit for Gold Card with SP |
||||||||
Low Limit |
Limit |
|||||||
Not a Member of a Couple |
$261,500.00 |
$262,000.00 |
$500.00 |
|||||
Partnered - combined |
$394,000.00 |
$394,500.00 |
$500.00 |
|||||
High Limit |
||||||||
Not a Member of a Couple |
$396,500.00 |
$397,000.00 |
$500.00 |
|||||
Partnered - combined |
$529,000.00 |
$529,500.00 |
$500.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
20/03/2011 |
01/07/2011 |
|||||||
Financial asset notification limits (non-transitional) |
||||||||
Single |
Limit |
|||||||
Service pension max rate $ variation (homeowner) |
$102,688.89 |
$102,688.89 |
$0.00 |
|||||
Service pension max rate $ variation (non-homeowner) |
$102,688.89 |
$102,688.89 |
$0.00 |
|||||
ISS ceiling rate $ variation (homeowner) |
$267,528.89 |
$268,857.78 |
$1,328.89 |
|||||
ISS ceiling rate $ variation (non-homeowner) |
$267,528.89 |
$268,857.78 |
$1,328.89 |
|||||
Age pension max rate (homeowner) |
$101,533.33 |
$101,533.33 |
$0.00 |
|||||
Age pension max rate (non-homeowner) |
$101,533.33 |
$101,533.33 |
$0.00 |
|||||
Part rate $ variation (income) |
$1,155.56 |
$1,155.56 |
$0.00 |
|||||
Part rate $ variation (assets) |
$750.00 |
$750.00 |
$0.00 |
|||||
Partnered - combined |
||||||||
Service pension max rate $ variation (homeowner) |
$179,644.44 |
$179,644.44 |
$0.00 |
|||||
Service pension max rate $ variation (non-homeowner) |
$179,644.44 |
$179,644.44 |
$0.00 |
|||||
ISS ceiling rate $ variation (homeowner) |
$521,746.67 |
$524,462.22 |
$2,715.56 |
|||||
ISS ceiling rate $ variation (non-homeowner) |
$521,746.67 |
$524,462.22 |
$2,715.56 |
|||||
Age pension max rate (homeowner) |
$177,333.33 |
$177,333.33 |
$0.00 |
|||||
Age pension max rate (non-homeowner) |
$177,333.33 |
$177,333.33 |
$0.00 |
|||||
Part rate $ variation (income) |
$2,311.11 |
$2,311.11 |
$0.00 |
|||||
Part rate $ variation (assets) |
$1,500.00 |
$1,500.00 |
$0.00 |
|||||
Financial asset notification limits (transitional) |
||||||||
Single |
||||||||
Service pension max rate $ variation (homeowner) |
$102,977.78 |
$102,977.78 |
$0.00 |
|||||
Service pension max rate $ variation (non-homeowner) |
$102,977.78 |
$102,977.78 |
$0.00 |
|||||
ISS ceiling rate $ variation (homeowner) |
$300,751.11 |
$299,508.89 |
-$1,242.22 |
|||||
ISS ceiling rate $ variation (non-homeowner) |
$300,751.11 |
$299,508.89 |
-$1,242.22 |
|||||
Age pension max rate (homeowner) |
$101,533.33 |
$101,533.33 |
$0.00 |
|||||
Age pension max rate (non-homeowner) |
$101,533.33 |
$101,533.33 |
$0.00 |
|||||
Part rate $ variation (income) |
$1,444.44 |
$1,444.44 |
$0.00 |
|||||
Part rate $ variation (assets) |
$750.00 |
$750.00 |
$0.00 |
|||||
Partnered - combined |
||||||||
Service pension max rate $ variation (homeowner) |
$180,222.22 |
$180,222.22 |
$0.00 |
|||||
Service pension max rate $ variation (non-homeowner) |
$180,222.22 |
$180,222.22 |
$0.00 |
|||||
ISS ceiling rate $ variation (homeowner) |
$643,195.56 |
$642,386.67 |
-$808.89 |
|||||
ISS ceiling rate $ variation (non-homeowner) |
$643,195.56 |
$642,386.67 |
-$808.89 |
|||||
Age pension max rate (homeowner) |
$177,333.33 |
$177,333.33 |
$0.00 |
|||||
Age pension max rate (non-homeowner) |
$177,333.33 |
$177,333.33 |
$0.00 |
|||||
Part rate $ variation (income) |
$2,888.89 |
$2,888.89 |
$0.00 |
|||||
Part rate $ variation (assets) |
$1,500.00 |
$1,500.00 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Adjusted Income at which ISS reduces (non-transitional) |
Fortnightly |
|||||||
Not a Member of a Couple |
$1,194.00 |
$1,203.20 |
$9.20 |
|||||
Partnered - combined |
$1,614.80 |
$1,626.40 |
$11.60 |
|||||
Illness Separated - combined |
$2,352.00 |
$2,370.40 |
$18.40 |
|||||
Adjusted Income at which ISS reduces (transitional) |
||||||||
Not a Member of a Couple |
$1,251.00 |
$1,255.75 |
$4.75 |
|||||
Partnered - combined |
$1,824.00 |
$1,829.50 |
$5.50 |
|||||
Illness Separated - combined |
$2,466.00 |
$2,475.50 |
$9.50 |
|||||
Additional amount per dependent child |
$24.60 |
$24.60 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Assets at which ISS reduces (non-transitional) |
||||||||
Homeowner |
Limit |
|||||||
Not a Member of a Couple |
$534,750.00 |
$538,000.00 |
$3,250.00 |
|||||
Partnered - combined |
$715,500.00 |
$719,500.00 |
$4,000.00 |
|||||
Illness Separated - combined |
$961,000.00 |
$967,500.00 |
$6,500.00 |
|||||
Non-homeowner |
||||||||
Not a Member of a Couple |
$669,750.00 |
$673,000.00 |
$3,250.00 |
|||||
Partnered - combined |
$850,500.00 |
$854,500.00 |
$4,000.00 |
|||||
Illness Separated - combined |
$1,096,000.00 |
$1,102,500.00 |
$6,500.00 |
|||||
Assets at which ISS reduces (transitional) |
||||||||
Homeowner |
||||||||
Not a Member of a Couple |
$480,500.00 |
$481,750.00 |
$1,250.00 |
|||||
Partnered - combined |
$681,000.00 |
$682,500.00 |
$1,500.00 |
|||||
Illness Separated - combined |
$852,500.00 |
$855,000.00 |
$2,500.00 |
|||||
Non-homeowner |
||||||||
Not a Member of a Couple |
$615,500.00 |
$616,750.00 |
$1,250.00 |
|||||
Partnered - combined |
$816,000.00 |
$817,500.00 |
$1,500.00 |
|||||
Illness Separated - combined |
$987,500.00 |
$990,000.00 |
$2,500.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Income at which minimum supplement paid (non-transitional) |
Fortnightly |
|||||||
Not a Member of a Couple |
$1,583.20 |
$1,596.20 |
$13.00 |
|||||
Partnered - combined |
$2,424.80 |
$2,444.40 |
$19.60 |
|||||
Illness Separated - combined |
$3,130.40 |
$3,156.40 |
$26.00 |
|||||
Income at which minimum supplement paid (transitional) |
||||||||
Not a Member of a Couple |
$1,737.50 |
$1,747.00 |
$9.50 |
|||||
Partnered - combined |
$2,836.50 |
$2,852.00 |
$15.50 |
|||||
Illness Separated - combined |
$3,439.00 |
$3,458.00 |
$19.00 |
|||||
Additional amount per dependent child |
$24.60 |
$24.60 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Assets at which minimum supplement paid (non-transitional) |
||||||||
Homeowner |
Limit |
|||||||
Not a Member of a Couple |
$664,500.00 |
$669,000.00 |
$4,500.00 |
|||||
Partnered - combined |
$985,500.00 |
$992,000.00 |
$6,500.00 |
|||||
Illness Separated - combined |
$1,220,500.00 |
$1,229,500.00 |
$9,000.00 |
|||||
Non-homeowner |
||||||||
Not a Member of a Couple |
$799,500.00 |
$804,000.00 |
$4,500.00 |
|||||
Partnered - combined |
$1,120,500.00 |
$1,127,000.00 |
$6,500.00 |
|||||
Illness Separated - combined |
$1,355,500.00 |
$1,364,500.00 |
$9,000.00 |
|||||
Assets at which minimum supplement paid (transitional) |
||||||||
Homeowner |
||||||||
Not a Member of a Couple |
$610,250.00 |
$612,750.00 |
$2,500.00 |
|||||
Partnered - combined |
$951,000.00 |
$955,500.00 |
$4,500.00 |
|||||
Illness Separated - combined |
$1,112,000.00 |
$1,117,000.00 |
$5,000.00 |
|||||
Non-homeowner |
||||||||
Not a Member of a Couple |
$745,250.00 |
$747,750.00 |
$2,500.00 |
|||||
Partnered - combined |
$1,086,000.00 |
$1,090,500.00 |
$4,500.00 |
|||||
Illness Separated - combined |
$1,247,000.00 |
$1,252,000.00 |
$5,000.00 |
|||||
Old rate |
New Rate |
Difference |
||||||
01/01/2012 |
20/03/2012 |
|||||||
Adjusted income (excl WWP) at which ISS ceases (non-transitional) |
||||||||
ISS with no Rent Assistance |
Fortnightly |
|||||||
Not a Member of a Couple |
$888.90 |
$895.40 |
$6.50 |
|||||
Partnered - combined |
$1,763.30 |
$1,776.40 |
$13.10 |
|||||
Illness Separated - combined |
$2,500.50 |
$2,520.40 |
$19.90 |
|||||
ISS with Maximum Rent Assistance |
||||||||
Not a Member of a Couple |
$1,127.70 |
$1,135.80 |
$8.10 |
|||||
Partnered - combined |
$1,988.50 |
$2,002.80 |
$14.30 |
|||||
Illness Separated - combined |
$2,978.10 |
$3,001.20 |
$23.10 |
|||||
Adjusted income (excl WWP) at which ISS ceases (transitional) |
||||||||
ISS with no Rent Assistance |
||||||||
Not a Member of a Couple |
$1,059.30 |
$1,062.40 |
$3.10 |
|||||
Partnered - combined |
$2,199.30 |
$2,208.40 |
$9.10 |
|||||
Illness Separated - combined |
$2,841.30 |
$2,854.40 |
$13.10 |
|||||
Additional amount per dependent child |
$61.50 |
$61.50 |
$0.00 |
|||||
ISS with Maximum Rent Assistance |
||||||||
Not a Member of a Couple |
$1,357.80 |
$1,362.90 |
$5.10 |
|||||
Partnered - combined |
$2,480.80 |
$2,491.40 |
$10.60 |
|||||
Illness Separated - combined |
$3,438.30 |
$3,455.40 |
$17.10 |
|||||
Additional amount per dependent child |
$24.60 |
$24.60 |
$0.00 |
|||||
Old rate |
New Rate |
Difference |
External
Payment Rate