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Service Pension Income and Assets Limits

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Limits effective payday 15 January 2009 – date of effect 1 January 2009.

 

Ordinary/adjusted income free area

  Date of Effect

 

Income per fortnight

Not a member of a couple

$138.00

Partnered – combined

$240.00

Illness separated – combined

$240.00

 

Additional free area for children

 

Income per fortnight

Each Dependent Child

(under 18 years of age)

$24.60

 

Income at which SP ceases

 

*Basic pension
#Maximum RA

Not a member of a couple

$1,558.25

$1,833.75

Partnered – combined

$2,602.50

$2,862.00

Illness separated – combined

$3,080.50

$3,631.50

Ceiling rate – veteran widows

$1,543.25

$1,818.75

Ceiling rate – partnered

$2,587.50

$2,847.00

Ceiling rate – Illness separated – partnered

$3,050.50

$3,601.50

* 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

$1,123.75

Partnered – combined

$1,748.50

Illness separated – combined

$2,211.50

 

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

$1,543.25

^Partnered – combined

$2,587.50

^Illness separated – combined

$3,050.50

Adjusted income is ordinary income plus all WWP and foreign DP

^Cut-off rates are lower because PA is excluded when paid with DP and WWP

 

Income at which DVA treatment (SP ceases)

For each additional child add $84.85

 

Partnered (combined)
Non-Partnered

No children

$685.00

$396.75

1 child

$769.85

$481.60

2 children

$854.70

$566.45

 

Seniors health card taxable income limit

Annual taxable income limit

date of  effect 01/07/2001

 

##Income Limit

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

$171,750

$296,250

Partnered – combined

$243,500

$368,000

Illness separated – combined

$243,500

$368,000

 

Assets at which SP ceases

No RA in payment

 

Low limit
High limit

Not a member of a couple

$550,500

$675,000

Partnered – combined

$873,500

$998,000

Illness separated – combined

$1,001,000

$1,125,500

 

Assets at which ISS reduces

No RA in payment

 

Low limit
High limit

Not a member of a couple

$434,750

$559,250

Partnered – combined

$646,000

$770,500

Illness separated – combined

$769,500

$894,000

 

Assets at which ISS/DSS age pension ceases

Rates quoted exclude PA

 

Low limit
High limit

Not a member of a couple

$546,500

$671,000

Partnered – combined

$869,500

$994,000

Illness separated – combined

$993,000

$1,117,500

 

Assets at which DVA treatment SP ceases

 

Low limit
High limit

Not a member of a couple

$240,750

$365,250

1 child

$257,000

$381,500

2 children

$273,000

$397,500

3 children

$289,000

$413,500

Partnered – combined

$362,500

$487,000

1 child

$378,750

$503,250

2 children

$394,750

$519,250

3 children

$410,750

$535,250