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Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
pre 2011
VEA Rates History
2008
March 2008
- Service Pension Income and Assets Limits
Limits effective payday 27 March 2008 – date of effect 20 March 2008 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 |
Maximum RA |
Not a member of a couple |
$1,513.50 |
$1,781.50 |
Partnered – combined |
$2,530.50 |
$2,783.00 |
Illness separated – combined |
$2,995.00 |
$3,531.00 |
Ceiling rate – veteran widows |
$1,499.00 |
$1,767.00 |
Ceiling rate – partnered |
$2,516.00 |
$2,768.50 |
Ceiling rate – Illness separated – partnered |
$2,966.00 |
$3,502.00 |
*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 |
$1,091.00 |
Partnered – combined |
$1,700.00 |
Illness separated – combined |
$2,150.00 |
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 |
$1,499.00 |
^Partnered – combined |
$2,516.00 |
Illness separated – combined |
$2,966.00 |
^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 $81.60
|
Partnered (combined) |
Non-Partnered |
No children |
$665.00 |
$383.75 |
1 child |
$746.60 |
$465.35 |
2 children |
$828.20 |
$546.95 |
Seniors health card taxable income limit
Effective 1 July 2001
Annual taxable income limit.
|
##Income |
Not a member of a couple |
$50,000 |
Partnered – combined |
$80,000 |
Illness separated – combined |
$100,000 |
Respite care – combined |
$100,000 |
## 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 |
$535,250 |
$656,250 |
Partnered – combined |
$849,500 |
$970,500 |
Illness separated – combined |
$973,500 |
$1094,500 |
Assets before ISS reduces
No RA in payment
|
Low limit |
High limit |
Not a member of a couple |
$422,500 |
$543,500 |
Partnered – combined |
$628,000 |
$749,000 |
Illness separated – combined |
$748,000 |
$869,000 |
Assets at which ISS/DSS age pension ceases
Rates quoted exclude PA
|
Low limit |
High limit |
Not a member of a couple |
$531,500 |
$652,500 |
Partnered – combined |
$846,000 |
$967,000 |
Illness separated – combined |
$966,000 |
$1,087,000 |
Assets at which DVA treatment SP ceases
|
Low limit |
High limit |
Not a member of a couple |
$234,000 |
$355,000 |
1 child |
$249,500 |
$370,500 |
2 children |
$264,750 |
$385,750 |
3 children |
$280,250 |
$401,250 |
Partnered – combined |
$352,000 |
$473,000 |
1 child |
$367,500 |
$488,500 |
2 children |
$382,750 |
$503,750 |
3 children |
$398,250 |
$519,250 |