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Service Pension Income and Assets Limits

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Ordinary/adjusted income free area

 

Income per fortnight

Not a member of a couple

$142.00

Partnered – combined

$248.00

Illness separated – combined

$248.00

 

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

$1,485.80

$1,709.40

Partnered – combined

$2,274.00

$2,484.80

Illness separated – combined

$2,935.60

$3,382.80

Ceiling rate – veteran widows

$1,485.80

$1,709.40

Ceiling rate – partnered

$2,274.00

$2,484.80

Ceiling rate – Illness separated – partnered

$2,935.60

$3,382.80

* These increase with dependent children and/or rent

# These increase with dependent children

 

Adjusted income at which ISS reduces

 

Income per fortnight

Not a member of a couple

$1,080.80

Partnered – combined

$1,464.00

Illness separated – combined

$2,125.60

 

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

$1,425.40

^Partnered – combined

$2,182.80

^Illness separated – combined

$2,814.80

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

 

Income at which DVA treatment (SP ceases)

 

Partnered (combined)
Non-Partnered

No children

$609.20

$352.00

 

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

$178,000

$307,000

Partnered – combined

$252,500

$381,500

Illness separated – combined

$252,500

$381,500

 

Assets at which SP ceases

No RA in payment

 

Low limit
High limit

Not a member of a couple

$626,000

$755,000

Partnered – combined

$928,000

$1,057,000

Illness separated – combined

$1,148,500

$1,277,500

 

Assets at which ISS reduces

No RA in payment

 

Low limit
High limit

Not a member of a couple

$491,000

$620,000

Partnered – combined

$658,000

$787,000

Illness separated – combined

$878,500

$1,007,500

 

Assets at which ISS/DSS age pension ceases

Rates quoted exclude PA

 

Low limit
High limit

Not a member of a couple

$626,000

$755,000

Partnered – combined

$928,000

$1,057,000

Illness separated – combined

$1,148,500

$1,277,500

 

Assets at which DVA treatment SP ceases

 

Low limit
High limit

Not a member of a couple

$248,000

$377,000

Partnered – combined

$373,000

$502,000