External
Payment Rate

 

For pensions assessed under the pre-20 September 2009 rules, refer to the “Transitional Service Pension and ISS Rates and Limits” table

 

Ordinary/adjusted income free area

 

Income per fortnight

Not a member of a couple

$142.00

Partnered – combined

(including illness separated and respite care)

$248.00

 

Income Test Taper rate

Prior to 01/07/2000

50 cents in the dollar

1/7/2000 to 19/9/2009

40 cents in the dollar

20/9/2009

50 cents in the dollar

 

Work Bonus

Employment income concession amount

$500.00

 

Adjusted income at which ISS reduces

Includes WWP.

 

Income per fortnight

Not a member of a couple

$1,120.40

Partnered – combined

$1,514.40

Illness separated – combined

$2,204.80

 

Income at which minimum payment paid

 

Income per fortnight

Not a member of a couple

$1,483.00

Partnered – combined

$2,269.60

Illness separated – combined

$2,930.00

 

Income at which SP/Age/ISS ceases

 

*Basic pension

#Maximum RA

Not a member of a couple

$1,544.20

$1,771.00

Partnered – combined

$2,362.00

$2,576.00

Illness separated – combined

$3,052.40

$3,506.00

Ceiling rate – veteran widows

$1,544.20

$1,771.00

Ceiling rate – partnered

$2,362.00

$2,576.00

Ceiling rate – Illness separated – partnered

$3,052.40

$3,506.00

* Include WWP amount for ISS income limit calculation.

# Child-related RA paid with Family Tax Benefit.

 

Income at which DVA treatment (SP) ceases

 

Income per fortnight

Not a member of a couple

$355.20

Partnered – each

$307.40

Partnered – combined

$614.80

 

Seniors health card taxable income limit

Annual taxable income limit.  Date of effect 01/07/2001.

 

Income Limit

Not a member of a couple

(including illness separated and respite care - each)

$50,000.00

Partnered – each

$40,000.00

This limit increases with dependent children

 

Assets value limit

 
Low limit

Homeowner
High limit

Non-homeowner

Not a member of a couple

$178,000

$307,000

Partnered – each

(including illness separated and respite care)

$126,250

$190,750

 

Assets Test Taper rate

1985 to 19/09/1993

$1.00 per $250

20/09/1993 to 19/9/2007

75 cents per $250

from 20/9/2007

37.5 cents per $250

 

Assets at which ISS reduces

 
Low limit

Homeowner
High limit

Non-homeowner

Not a member of a couple

$504,250

$633,250

Partnered – combined

$675,000

$804,000

Illness separated – combined

$905,000

$1,034,000

 

Assets at which minimum payment paid

 
Low limit

Homeowner
High limit

Non-homeowner

Not a member of a couple

$625,000

$754,000

Partnered – combined

$926,500

$1,055,500

Illness separated – combined

$1,146,500

$1,275,500

 

Assets at which SP/Age/ISS ceases

 
Low limit

Homeowner
High limit

Non-homeowner

Not a member of a couple

$645,500

$774,500

Partnered – combined

$957,500

$1,086,500

Illness separated – combined

$1,187,500

$1,316,500

 

Assets at which DVA treatment SP ceases

 
Low limit
High limit

Not a member of a couple

$249,250

$378,250

Partnered – combined

$375,000

$504,000

 

Special disability trust

Asset value limit

$551,750