-
Home
Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
pre 2011
VEA Rates History
2007
July 2007
- Service Pension Income and Assets Limits
Limits effective payday 5 July 2007 – date of effect 1 July 2007 unless otherwise specified.
Ordinary/adjusted income free area
|
Income per fortnight |
Not a member of a couple |
$132.00 |
Partnered – combined |
$232.00 |
Illness separated – combined |
$232.00 |
Additional free area for children
|
Income per fortnight |
Each Dependent Child |
$24.60 |
Income at which SP ceases
|
*Basic Pension |
#Max. RA |
Not a member of a couple |
$1,459.25 |
$1,719.25 |
Partnered – combined |
$2,439.00 |
$2,684.50 |
Illness separated – combined |
$2,886.50 |
$3,406.50 |
Ceiling rate – veteran widows |
$1,444.75 |
$1,704.75 |
Ceiling rate – partnered |
$2,424.50 |
$2,670.00 |
Ceiling rate – Illness separated – partnered |
$2,857.50 |
$3,377.50 |
*These increase with dependent children and/or rent
#These increase with dependent children
Adjusted income before ISS reduces
|
Income per fortnight |
Not a member of a couple |
$1,053.25 |
Partnered – combined |
$1,641.50 |
Illness separated – combined |
$2,074.50 |
Adjusted income at which ISS/DSS age pension ceases
Adjusted income is ordinary income plus all war widow's pension and foreign DP
|
Income per fortnight |
^Not a member of a couple |
$1,444.75 |
^Partnered – combined |
$2,424.50 |
Illness separated – combined |
$2,857.50 |
^Cut-off rates are lower because PA is excluded when paid with DP and WWP
Income at which DVA treatment ceases (SP cases)
For each additional child add $78.10
|
Partnered (combined) |
Non-Partnered |
No children |
$652.50 |
$376.25 |
1 child |
$730.60 |
$454.35 |
2 children |
$808.70 |
$532.45 |
Seniors health card taxable income limit
Effective 1 July 2001
Annual taxable income limit.
|
##Income |
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 |
$166,750 |
$287,750 |
Partnered – combined |
$236,500 |
$357,500 |
Illness separated – combined |
$236,500 |
$357,500 |
Assets at which SP ceases
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$343,750 |
$464,750 |
Partnered – combined |
$531,000 |
$652,000 |
Illness separated – combined |
$590,500 |
$711,500 |
Assets before ISS reduces
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$289,500 |
$410,500 |
Partnered – combined |
$424,000 |
$545,000 |
Illness separated – combined |
$482,000 |
$603,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
|
Low limit |
High limit |
Not a member of a couple |
$342,000 |
$463,000 |
Partnered – combined |
$529,000 |
$650,000 |
Illness separated – combined |
$587,000 |
$708,000 |
Assets at which DVA treatment SP ceases
|
Low limit |
High limit |
Not a member of a couple |
$199,500 |
$320,500 |
1 child |
$206,500 |
$327,500 |
2 children |
$213,750 |
$334,750 |
3 children |
$220,750 |
$341,750 |
Partnered – combined |
$293,000 |
$414,000 |
1 child |
$300,000 |
$421,000 |
2 children |
$307,250 |
$428,250 |
3 children |
$314,250 |
$435,250 |