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Compensation and Support Reference Library
Payment Rates
Historical Payment Rates
pre 2011
VEA Rates History
2010
September 2010
- Service Pension Income and Assets Limits
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 |
$146.00 |
Partnered – combined (including illness separated and respite care) |
$256.00 |
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 |
$1,145.00 |
Partnered – combined |
$1,548.80 |
Illness separated – combined |
$2,254.00 |
Income at which minimum payment paid
|
Income per fortnight |
Not a member of a couple |
$1,516.20 |
Partnered – combined |
$2,321.60 |
Illness separated – combined |
$2,996.40 |
Income at which SP/Age/ISS ceases
|
*Basic pension |
#Maximum RA |
Not a member of a couple |
$1,578.20 |
$1,808.60 |
Partnered – combined |
$2,415.20 |
$2,632.40 |
Illness separated – combined |
$3,120.40 |
$3,581.20 |
Ceiling rate – veteran widows |
$1,578.20 |
$1,808.60 |
Ceiling rate – partnered |
$2,415.20 |
$2,632.40 |
Ceiling rate – Illness separated – part. |
$3,120.40 |
$3,581.20 |
* 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 |
$362.40 |
Partnered – each |
$314.20 |
Partnered – combined |
$628.40 |
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 |
Partnered – each |
$40,000 |
This limit increases with dependent children
Assets value limit
|
Low limitHomeowner |
High limitNon-homeowner |
Not a member of a couple |
$181,750 |
$313,250 |
Partnered – each (including illness separated and respite care) |
$129,000 |
$194,750 |
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 limitHomeowner |
High limitNon-homeowner |
Not a member of a couple |
$514,750 |
$646,250 |
Partnered – combined |
$689,000 |
$820,500 |
Illness separated – combined |
$924,000 |
$1,055,500 |
Assets at which minimum payment paid
|
Low limitHomeowner |
High limitNon-homeowner |
Not a member of a couple |
$638,500 |
$770,000 |
Partnered – combined |
$947,000 |
$1,078,500 |
Illness separated – combined |
$1,171,500 |
$1,303,000 |
Assets at which SP/Age/ISS ceases
|
Low limitHomeowner |
High limitNon-homeowner |
Not a member of a couple |
$659,250 |
$790,750 |
Partnered – combined |
$978,000 |
$1,109,500 |
Illness separated – combined |
$1,213,000 |
$1,344,500 |
Assets at which DVA treatment SP ceases
|
Low limit |
High limit |
Not a member of a couple |
$254,000 |
$385,500 |
Partnered – combined |
$382,500 |
$514,000 |
Special disability trust
Asset value limit |
$563,250 |