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DFISA bonus

DFISA bonus is defined in section 5Q(1) of the VEA and is a VEA payment under Part VIIAB of the VEA. A person is entitled to the DFISA bonus if their social security pension bonus is reduced because of the inclusion of adjusted DP in the calculation of their age pension rate. The DFISA bonus is the difference between:

  • the amount of pension bonus received under SSL   , and
  • the amount of pension bonus that would have been received if adjusted DP had not been included in the assessment of age pension.

 

 

Veterans' Entitlements Act 1986.

Section 118NA of the VEA defines adjusted disability pension as:

  • disability pension paid under Parts II or IV of the Veterans' Entitlements Act 1986 (VEA); and
  • permanent impairment payments and special rate disability pension paid under the Military Rehabilitation and Compensation Act 2004.

Adjusted disability pension does not include war widow's/widower's pension, or payments made by other governments to compensate for war or service related injuries.

 

 

An age pension is a means tested income support payment paid by Centrelink  or DVA on behalf of the Department of Families, Housing, Community Services and Indigenous Affairs. The majority of age pensions are paid through Centrelink. However, eligible veterans  who have an accepted disability or receive a disability pension from DVA, but do not have qualifying service, may be paid their age pension by DVA. Their partner may also receive their age pension from DVA, if eligible.

 

 

The social security law includes:

  • the Social Security (Administration) Act 1999; and
  • the Social Security Act 1991;and
  • the Social Security (International Agreements) Act 1999.

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