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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 3 APRIL 2003  
(Date of Effect 20/03/2003)    
     

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 $890.25  
Partnered - Combined $1,388.50  
     

Income at which SP Ceases 

Basic Pension* Max. RA#
Not a Member of a Couple $1,231.25 $1,464.25
Partnered - Combined $2,056.00 $2,276.00
Illness Separated - Combined $2,434.50 $2,900.50
Ceiling Rate - Veteran Widows $1,216.75 $1,449.75
Ceiling Rate - Partnered $2,041.50 $2,261.50
*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 $1,216.75  
Partnered - Combined $2,041.50  
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 $581.00 $334.50
1 child $653.60 $407.10
2 children $726.20 $479.70
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 $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 $248,250 $352,750
Partnered - Combined $364,000 $468,500
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $294,000 $398,500
Partnered - Combined $453,500 $558,000
     
     

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

Low limit High limit
Not a Member of a Couple $292,250 $396,750
Partnered - Combined $451,500 $556,000
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $174,500 $279,000
1 child $181,000 $285,500
2 children $187,250 $291,750
3 children $193,750 $298,250
Partnered - Combined $257,000 $361,500
1 child $263,250 $367,750
2 children $269,750 $374,250
3 children $276,000 $380,500