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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 10 July 2003  
(Date of Effect 01/07/2003)    
     

Ordinary/Adjusted Income Free Area

   
Not a Member of a Couple $120.00  
Partnered - Combined $212.00  
Illness Separated - Combined $212.00  
Additional Free Area per Dependent Child $24.60  
     

Adjusted Income before ISS Reduces

   
Not a Member of a Couple $894.25  
Partnered - Combined $1,396.50  
     

Income at which SP Ceases 

Basic Pension* Max. RA#
Not a Member of a Couple $1,235.25 $1,468.25
Partnered - Combined $2,064.00 $2,284.00
Illness Separated - Combined $2,442.50 $2,908.50
Ceiling Rate - Veteran Widows $1,220.75 $1,453.75
Ceiling Rate - Partnered $2,049.50 $2,269.50
*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

$1,220.75

 
Partnered - Combined $2,049.50  
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 $589.00 $338.50
1 child $661.60 $411.10
2 children $734.20 $483.70
For each additional child add $72.60    
     

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 $149,500 $257,500
Partnered - Combined $212,500 $320,500
Illness Separated - Combined $212,500 $320,500
     

Assets before ISS Reduces (No RA in payment)

Low limit High limit
Not a Member of a Couple $252,500 $360,500
Partnered - Combined $370,000 $478,000
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $298,250 $406,250
Partnered - Combined $459,500 $567,500
     
     

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

Low limit High limit
Not a Member of a Couple $296,500 $404,500
Partnered - Combined $457,500 $565,500
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $178,750 $286,750
1 child $185,250 $293,250
2 children $191,500 $299,500
3 children $198,000 $306,000
Partnered - Combined $263,000 $371,000
1 child $269,250 $377,250
2 children $275,750 $383,750
3 children $282,000 $390,000