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SS Guide Contents Using the Guide What's New 1 Key Terms & Principles 2 Claim Verification 3 Qualification & Payability 4 Income & Assets 5 Rates & Payment Methods 6 Reviews, Debts & Payment Recovery 7 Portability & CFP 8 Administration Act Provisions 9 Visas, Entitlements & Assurances of Support 10 Australian Social Security Agreements 11 Income Management Acronym List Keyword Index Act Section Index Site Map

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1.1.M.54 Maximum payment rate

Definition

The maximum payment rate is the sum of the maximum basic rate of pension, benefit, allowance or payment plus other supplementary payments, all of which are usually subject to means testing, before the application of any income test, assets test or parental income test on that sum.

 

The maximum payment rate includes any means testable supplementary payment(s) such as:

  • pension supplement,
  • rent assistance, and/or
  • pharmaceutical allowance,

included in the relevant rate calculator. Each pension, benefit or allowance is calculated using one of the rate calculators in SSAct Chapter 3. Refer to the relevant rate calculator for specific details for each payment type

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Last reviewed: 7 June 2010


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Last Edited: 04/11/2010 9:30:27 AM


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