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Overview of Veteran Payment

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What is a Veteran Payment?

Veteran Payment is a means tested income support payment that provides interim financial support to current and former members of the ADF who lodge a liability claim for a mental health condition under either the MRCA or DRCA, that is ye tto be determined.

Partners of Veteran Payment recipients may also receive Veteran Payment.

 

When is it paid?

Veteran Payment is paid fortnightly, based on daily entitlements. The rate of Veteran Payment is adjusted twice-yearly, in March and September, in line with movements of the maximum basic rate of service pension.

 

Factors that affect the rate of Veteran Payment

There are a number of factors that determine the rate of Veteran Payment, such as:   

  • marital status,

  • income, and

  • assets