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Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
pre 2011
VEA Rates History
2007
March 2007
- Service Pension Income and Assets Limits
Limits effective payday 28 September 2006 – date of effect 20 September 2006 unless otherwise specified.
Ordinary/adjusted income free area
|
Income per fortnight |
Not a member of a couple |
$128.00 |
Partnered – combined |
$228.00 |
Illness separated – combined |
$228.00 |
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 |
$1,455.25 |
$1,715.25 |
Partnered – combined |
$2,435.00 |
$2,680.50 |
Illness separated – combined |
$2,882.50 |
$3,402.50 |
Ceiling rate – veteran widows |
$1,440.75 |
$1,700.75 |
Ceiling rate – partnered |
$2,420.50 |
$2,666.00 |
Ceiling rate – Illness separated – partnered |
$2,853.50 |
$3,373.50 |
*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 |
$1,049.25 |
Partnered – combined |
$1,637.50 |
Illness separated – combined |
$2,070.50 |
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 |
$1,440.75 |
^Partnered – combined |
$2,420.50 |
Illness separated – combined |
$2,853.50 |
^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 |
$648.50 |
$372.25 |
1 child |
$726.60 |
$450.35 |
2 children |
$804.70 |
$528.45 |
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 |
$161,500 |
$278,500 |
Partnered – combined |
$229,000 |
$346,000 |
Illness separated – combined |
$229,000 |
$346,000 |
Assets at which SP ceases
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$338,500 |
$455,500 |
Partnered – combined |
$523,500 |
$640,500 |
Illness separated – combined |
$583,000 |
$700,000 |
Assets before ISS reduces
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$284,250 |
$401,250 |
Partnered – combined |
$416,500 |
$533,500 |
Illness separated – combined |
$475,000 |
$592,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
|
Low limit |
High limit |
Not a member of a couple |
$336,750 |
$453,750 |
Partnered – combined |
$521,500 |
$638,500 |
Illness separated – combined |
$579,500 |
$696,500 |
Assets at which DVA treatment SP ceases
|
Low limit |
High limit |
Not a member of a couple |
$194,250 |
$311,250 |
1 child |
$201,250 |
$318,250 |
2 children |
$208,500 |
$325,500 |
3 children |
$215,500 |
$332,500 |
Partnered – combined |
$285,500 |
$402,500 |
1 child |
$292,500 |
$409,500 |
2 children |
$299,500 |
$416,500 |
3 children |
$306,500 |
$423,500 |