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Service Pension Income & Assets Limit

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LIMITS EFFECTIVE PAYDAY 1 APRIL 2004  
(Date of Effect 20/03/2004)    
     

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 $935.75  
Partnered - Combined $1,460.50  
     

Income at which SP Ceases 

Basic Pension* Max. RA#
Not a Member of a Couple $1,295.00 $1,533.50
Partnered - Combined $2,164.50 $2,390.00
Illness Separated - Combined $2,562.00 $3,039.00
Ceiling Rate - Veteran Widows $1,280.50 $1,519.00
Ceiling Rate - Partnered $2,150.00 $2,375.50
*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 $1,280.50  
Partnered - Combined $2,150.00  
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 $598.00 $343.75
1 child $671.60 $417.35
2 children $745.20 $490.95
For each additional child add $73.60    
     

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 $258,250 $366,250
Partnered - Combined $378,500 $486,500
     

Assets at which SP Ceases (No RA in payment)

Low limit High limit
Not a Member of a Couple $306,250 $414,250
Partnered - Combined $473,000 $581,000
Illness Separated – Combined $526,000 $634,000
     

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

Low limit High limit
Not a Member of a Couple $304,250 $412,250
Partnered - Combined $471,000 $579,000
     

Assets at which DVA Treatment SP Ceases

Low limit High limit
Not a Member of a Couple $179,500 $287,500
1 child $186,000 $294,000
2 children $192,500 $300,500
3 children $199,000 $307,000
Partnered - Combined $264,000 $372,000
1 child $270,750 $378,750
2 children $277,250 $385,250
3 children $283,750 $391,750