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Transitional Service Pension and ISS Rates and Limits
Service pension rate - transitional
Fortnightly rates. Date of Effect 20 March 2010
|
Not a member of a couple |
Old rate |
New rate |
|
Transitional pension rate |
$624.90 |
$634.30 |
|
Minimum pension supplement |
$30.20 |
$30.60 |
|
Basic pension supplement |
$573.20 |
$581.80 |
|
Tax exempt pension supplement |
$51.70 |
$52.50 |
|
Partnered – each |
Old rate |
New rate |
|
Transitional pension rate |
$504.70 |
$512.30 |
|
Minimum pension supplement |
$22.80 |
$23.10 |
|
Basic pension supplement |
$478.80 |
$486.00 |
|
Tax exempt pension supplement |
$25.90 |
$26.30 |
Ordinary/adjusted income free area - transitional
As per non-transitional.
Additional free area for children - transitional
|
|
Income per fortnight |
|
Each Dependent Child |
$24.60 |
Income Test Taper rate – transitional
|
from 20/9/2009 |
40 cents in the dollar |
Adjusted income at which ISS reduces - transitional
Includes WWP.
|
|
Income per fortnight |
|
Not a member of a couple |
$1,198.00 |
|
Partnered – combined |
$1,750.00 |
|
Illness separated – combined |
$2,360.00 |
|
Additional amount per dependent child |
$61.50 |
Income at which SP/Age/ISS ceases - transitional
|
|
*Basic pension |
#Maximum RA |
|
Not a member of a couple |
$1,727.75 |
$2,011.25 |
|
Partnered – combined |
$2,809.50 |
$3,077.00 |
|
Illness separated – combined |
$3,419.50 |
$3,986.50 |
* Include WWP amount for ISS income limit calculation.
# Child-related RA paid with Family Tax Benefit.
Income at which DVA treatment (SP) ceases - transitional
|
|
Income per fortnight |
|
Not a member of a couple |
$408.50 |
|
Partnered – combined |
$706.50 |
|
For each dependent child add |
$24.60 |
Child Income Limits
|
|
Old rate |
New rate |
|
Child 15 or younger (per week) |
$175.65 |
$175.65 |
|
Child 16 or older (per annum) |
$9,627.05 |
$9,627.05 |
Assets value limit - transitional
As per non-transitional.
Assets Test Taper rate - transitional
As per non-transitional.
Assets at which ISS reduces - transitional
|
|
Low limitHomeowner |
High limitNon-homeowner |
|
Not a member of a couple |
$459,750 |
$588,750 |
|
Partnered – combined |
$653,500 |
$782,500 |
|
Illness separated – combined |
$816,000 |
$945,000 |
Assets at which SP/Age/ISS ceases - transitional
|
|
Low limit |
High limitWithout RA |
|
Not a member of a couple |
$601,000 |
$730,000 |
|
Partnered – combined |
$936,000 |
$1,065,000 |
|
Illness separated – combined |
$1,098,500 |
$1,227,500 |
Assets at which DVA treatment SP ceases - transitional
|
|
Low limit |
High limit |
|
Not a member of a couple |
$249,250 |
$378,250 |
|
Partnered – combined |
$375,000 |
$504,000 |