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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 8 JANUARY 2004  
(Date of Effect 01/01/2004)    
     

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 $916.00  
Partnered - Combined $1,430.00  
     

Income at which SP Ceases 

Basic Pension* Max. RA#
Not a Member of a Couple $1,266.50 $1,502.50
Partnered - Combined $2,116.50 $2,339.50
Illness Separated - Combined $2,505.00 $2,977.00
Ceiling Rate - Veteran Widows $1,252.00 $1,488.00
Ceiling Rate - Partnered $2,102.00 $2,325.00
*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 $1,252.00  
Partnered - Combined $2,102.00  
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 $594.00 $341.25
1 child $667.10 $414.35
2 children $740.20 $487.45
For each additional child add $73.10    
     

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 $255,500 $363,500
Partnered - Combined $374,500 $482,500
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $302,500 $410,500
Partnered - Combined $466,500 $574,500
Illness Separated – Combined $518,500 $626,500
     

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

Low limit High limit
Not a Member of a Couple $300,500 $408,500
Partnered - Combined $464,500 $572,500
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $179,250 $287,250
1 child $185,500 $293,500
2 children $192,000 $300,000
3 children $198,500 $306,500
Partnered - Combined $263,500 $371,500
1 child $270,000 $378,000
2 children $276,500 $384,500
3 children $283,000 $391,000