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
- energy 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.