Skip to Content

Factsheet IS30 - Pension Rates, Limits and Allowances Summary

Purpose

This Factsheet provides the current rates and limits for:

  • Service Pension;
  • Age Pension;
  • Veteran Payment;
  • Income Support Supplement;
  • Disability Pension;
  • War Widow’s and Widower’s Pension; and
  • all associated allowances under the Veterans’ Entitlements Act 1986 (VEA).

For information about payments under the Military Rehabilitation and Compensation Act 2004 (MRCA), refer to Factsheet MRC04 Compensation Payment Rates.

For information about the calculation of Defence Force Income Support Allowance (DFISA) refer to Factsheet IS19 Defence Force Income Support Allowance (DFISA).

The rates quoted are fortnightly amounts unless otherwise indicated.  These rates are current from 20 September 2018 to 31 December 2018.  Where relevant, the rates quoted include the energy supplement.

If your pension is still assessed under the pre-20 September 2009 rules, please refer to the rates labelled as “Transition” rates and limits.

Service and Age Pension

Current maximum rates

Single Rate
Pension $834.40
Pension Supplement $81.90
Total $916.30

Couples Rate

Pension (each) $629.00
Pension Supplement (each) $61.70
Total (each) $690.70

*Note: - These rates include Energy Supplement.  Refer to Factsheet CEP01 Energy Supplement.

Transition maximum rates

Singles rate - $768.00

Couples rate (each) - $619.60

*Note: - These rates include Energy Supplement.  Refer to Factsheet CEP01 Energy Supplement.  For pensioners paid under pre-20 September 2009 rules, the Pension Supplement is included in the transition rate of Service / Age Pension that you receive.  As such, your DVA advice letters will not separately list a Pension Supplement amount.

Veteran Payment

Current maximum rates

Single Rate
Basic Rate of Veteran Payment $923.20
Pension Supplement $67.80
Total $991.00

Couples Rate

Pension (each) $720.80
Pension Supplement (each) $51.10
Total (each) $771.90

*Note: - Veteran Payment does not include Energy Supplement.

Income Support Supplement (ISS)

Ceiling rate - $275.40

Transition Ceiling rate - $275.40

Veterans Supplement

Low Rate - $6.20

High Rate - $12.40

Disability Pension rates

Special Rate (T&PI, blinded or TTI)  $1,408.00
Intermediate Rate  $956.00
Extreme Disablement Adjustment (EDA)  $777.90

 General Rate

Percentage Amount Percentage Amount
100% $500.60 50%  $254.15
95% $475.96 45%  $229.51
90% $451.31 40%  $204.86
85% $426.67  35%  $180.22
80% $402.20 30%  $155.57
75% $377.38  25%  $130.93
70% $352.73 20%  $106.28
65% $328.09 15%  $81.64
60% $303.44 10%  $56.99
55% $278.80    

*Note: - These rates include Energy Supplement.  Refer to Factsheet CEP01 Energy Supplement.

Additional Disability Pension for Specific Disabilities

Item Amount
Items 1—6  $681.50
Item 7  $227.60
Item 8  $153.70
Items 9 & 10  $131.70
Item 11 & 13    $65.90
Item 12 & 14  $34.20
Item 15  $50.90

War Widow’s or Widower’s Pension

Total War Widows and Widower’s Pension - $931.50

*Note: - These rates include Energy Supplement.  Refer to Factsheet CEP01 Energy Supplement.

Orphan’s Pension

Single orphan - $102.10

Double orphan - $204.00

Rent Assistance

Maximum amount payable

Singles rate, no children - $135.80

Couples rate, no children (combined) - $128.00

Rent thresholds

Singles rate, no children - $121.20

Couples rate, no children (combined) - $196.20

*Note: - For Veteran Payment and Service and Social Security Age pensioners with dependent children, Rent Assistance is considered a child-related payment and is paid as part of Family Tax Benefit Part A through the Family Assistance Office.

Disability income rent test - income threshold

Singles  $172.00
Couples (combined)  $304.00
Illness separated couples (combined)  $304.00

*Note: - Disability Pension in excess of these thresholds reduces the amount of Rent Assistance payable but does not affect the rate of Service Pension or Income Support Supplement.

Remote Area Allowance

Singles rate  $18.20
Couples rate (each)  $15.60
Each child  $7.30

Family Tax Benefit

Family Tax Benefit may be paid to income support pensioners in respect of dependent children.

Veterans' Affairs income support pensioners receive the maximum rate of Family Tax Benefit Part A irrespective of their income.  If income support is not received for a period of time, the normal income test for FTB A will apply during that period.  This may result in less than the maximum rate of payment being received until the DVA benefit becomes payable again.

Application for and enquiries about payment of this benefit should be made to the Department of Human Services. You can also visit their Internet site at: www.humanservices.gov.au

Recreation Transport Allowance

High rate - $91.20

Low rate - $45.30

Vehicle Assistance Scheme

Maintenance and running costs - $2,371.20 (per year)

Attendant Allowance

High rate - $341.00

Low rate - $170.30

Clothing Allowance

High rate  $14.30
Mid rate  $9.70
Low rate  $6.60

Veterans’ Children Education Scheme (VCES)

Primary students - $270.30 (per year)

Secondary and tertiary students (fortnightly rate)

Age At home Living away from home Homeless
Under 16 $56.00  $380.20  $452.80
16-17  $248.00 $452.80 $452.80
18 & over  $298.20 $452.80  $452.80

Decoration Allowance

Decoration Allowance - $2.10

Victoria Cross Allowance

Victoria Cross Allowance of $4,541.00 per annum is paid to those veterans who have been awarded this decoration.

Income limit before Service and Social Security Age Pension reduces

Current limits

Singles   $172.00
Couples (combined)  $304.00
Illness separated couples (combined)    $304.00

*Note: - These figures may be higher if your assessable employment income is reduced under the Work Bonus.  For more information refer to the Factsheet IS99 Work Bonus.

Transition Limits

For each child, increase above limits by - $24.60

Work Bonus

Work Bonus Income Concession - $250.00

Maximum balance for Work Bonus Bank - $6,500.00

Assets limit before Service and Social Security Age Pension reduces

Homeowners

Singles  $258,500
Couples (combined)  $387,500
Illness separated couples (combined)  $387,500

Non-homeowners

Singles  $465,500
Couples (combined)    $594,500
Illness separated couples (combined)  $594,500

Service and Social Security Age Pension income cut-off limit

Current limits

Singles  $2,004.60
Couples (combined)  $3,066.80
Illness separated couples (combined)  $3,969.20

*Note: - These figures may be higher if your assessable employment income is reduced under the Work Bonus.  For more information refer to the Factsheet IS99 Work Bonus.

Transition Limits

Singles   $2,092.00
Couples (combined)    $3,402.00
Illness separated couples (combined)  $4,144.00

Service & Social Security Age Pension assets cut-off limit

Current Limits

Homeowner

Singles  $564,000
Couples (combined)  $848,000
Illness separated couples (combined)    $998,500

Non-homeowner

Singles  $771,000
Couples (combined)    $1,055,000
Illness separated couples (combined)  $1,205,500

Transition Limits

Homeowner

Singles  $514,500
Couples (combined)  $801,000
Illness separated couples (combined)    $899,500

Non-homeowner

Singles  $721,500
Couples (combined)  $1,008,000
Illness separated couples (combined)  $1,106,500

Income and assets cut-off limit for the Gold Card for Service pensioners

Income

Singles -  $427.00 (per fortnight)

Couples (combined) - $743.20 (per fortnight)

Assets

Homeowners

Singles - $301,000

Couples (combined) - $461,000

Assets

Non-homeowners

Singles - $508,000

Couples (combined) - $668,000

Transition Limits

Income

Singles  $490.75
Couples (combined)    $853.00
For each child, increase by  $24.60

Assets

Homeowners

Singles - $301,000

Couples (combined) - $461,000

Non-homeowners

Singles - $508,000

Couples (combined) - $668,000

Income limit before ISS reduces

Current Limits

Singles    $1,425.60
Couples (combined)    $1,922.80
Illness separated couples (combined)    $2,811.20

*Note 1: - These amounts include the War Widow’s or Widower’s Pension.

*Note 2: - These figures may be higher if your assessable employment income is reduced under the Work Bonus.  For more information refer to the Factsheet IS99 Work Bonus.

*Note 3: - War Widow’s or Widower’s Pension includes compensation for a member’s death payable to you or your partner under section 234(1)(b) of the MRCA.  Any MRCA permanent impairment compensation payable to you or your partner is also counted as income.

*Note 4: - These amounts will vary if you were in receipt of a Social Security and War Widow’s Pension prior to 1 November 1986 and your maximum rate of Income Support Supplement is more than $275.40 per fortnight.

Transition Limits

Singles   $1,368.25
Couples (combined)  $1,972.00
Illness separated couples (combined)  $1,368.25
For each child, increase by  $24.60

*Note 1: - These amounts include the War Widow’s or Widower’s Pension.

*Note 2: - War Widow’s or Widower’s Pension includes compensation for a member’s death payable to you or your partner under section 234(1)(b) of the MRCA.  Any MRCA permanent impairment compensation payable to you or your partner is also counted as income.

*Note 3: - These amounts will vary if you were in receipt of a Social Security and War Widow’s Pension prior to 1 November 1986 and your maximum rate of Income Support Supplement is more than $275.40 per fortnight.

Assets limit before ISS reduces

Homeowners

Singles  $467,500
Couples (combined)    $657,500
Illness separated couples (combined)  $805,500

Non-homeowners

Singles  $674,500
Couples (combined)    $864,500
Illness separated couples (combined)      $1,012,500

Transition Limits

Homeowner

Singles  $418,000
Couples (combined)      $610,000
Illness separated couples (combined)    $706,500

Non-homeowner

Singles  $625,000
Couples (combined)  $817,000
Illness separated couples (combined)    $913,500

Income cut-off limit for ISS pensioners

Current Rates

Singles  $1,976.40
Couples (combined)  $3,024.40
Illness separated couples (combined)  $3,912.80

*Note 1: - These amounts include the War Widow’s or Widower’s Pension.

*Note 2: - These figures may be higher if your assessable employment income is reduced under the Work Bonus.  For more information refer to the Factsheet IS99 Work Bonus.

*Note 3: - These amounts will vary if you were in receipt of a Social Security and War Widow’s Pension prior to 1 November 1986 and your maximum rate of Income Support Supplement is more than $275.40 per fortnight.

Transition Rates

Singles  $2,056.75
Couples (combined)  $3,349.00
Illness separated couples (combined)    $4,073.50

*Note 1: - These amounts include the War Widow’s or Widower’s Pension.

*Note 2: - These amounts will vary if you were in receipt of a Social Security and War Widow’s Pension prior to 1 November 1986 and your maximum rate of Income Support Supplement is more than $275.40 per fortnight.

Assets cut-off limit for ISS pensioners

Current Limits

Homeowner

Singles  $559,250
Couples (combined)  $841,000
Illness separated couples (combined)  $989,000

Non-homeowner

Singles  $766,250
Couples (combined)  $1,048,000
Illness separated couples (combined)    $1,196,000

Transition Limits

Homeowner

Singles   $510,000
Couples (combined)    $793,500
Illness separated couples (combined)    $890,500

Non-homeowner

Singles  $717,000
Couples (combined)  $1,000,500
Illness separated couples (combined)  $1,097,500

Income limit before Veteran Payment reduces

Current limits

Singles   $172.00
Couples (combined)  $304.00
Illness separated couples (combined)    $304.00

Assets limit before Veteran Payment reduces

Homeowners

Singles  $258,500
Couples (combined)    $387,500
Illness separated couples (combined)  $387,500

Non-homeowners

Singles  $465,500
Couples (combined)    $594,500
Illness separated couples (combined)      $594,500

Veteran Payment income cut-off limit

Current limits

Singles   $2,154.00
Couples (combined)  $3,391.60
Illness separated couples (combined)    $4,268.00

Veteran Payment assets cut-off limit

Homeowners

Singles  $589,000
Couples (combined)    $902,500
Illness separated couples (combined)  $1,048,500

Non-homeowners

Singles  $796,000
Couples (combined)    $1,109,500
Illness separated couples (combined)      $1,255,500

Income limits for student children / earnings limits for employed children

Employed Child (under 16 years) - $10,878.40 (per year)

Student Child (16-22 years) - $11,465.50 (per year)

Commonwealth Seniors Health Card income limit

Singles   $54,929 (per year)
Couples (combined)    $87,884 (per year)
Illness separated couples (combined)  $109,858 (per year)
Dependent child (each) increases limit    $639.60

Deeming

  Singles Couples
Low 1.75% interest up to the threshold of $51,200 1.75% interest up to the threshold of $85,000
High 3.25% interest for the remaining balance 3.25% interest for the remaining balance

Funeral benefits

Assistance of up to $2,000 is payable towards funeral expenses of certain veterans including T&PI veterans, those whose death is accepted as being war or service caused, and those who died in needy circumstances.

More Information

DVA General Enquiries

Phone: 1800 555 254 *

Email: GeneralEnquiries@dva.gov.au

DVA Website: www.dva.gov.au

Factsheet Website: www.dva.gov.au/factsheets

* Calls from mobile phones and pay phones may incur additional charges.

Disclaimer

The information contained in this Factsheet is general in nature and does not take into account individual circumstances. You should not make important decisions, such as those that affect your financial or lifestyle position on the basis of information contained in this Factsheet. Where you are required to lodge a written claim for a benefit, you must take full responsibility for your decisions prior to the written claim being determined. You should seek confirmation in writing of any oral advice you receive from DVA.

Average: 3.4 (35 votes)
20 September 2018