2.5 Calculating Fortnightly Equivalent of DRCA Section 30 Lump Sum Payments

The Australian Government Actuary (AGA) tables are used to calculate a fortnightly equivalent of the lump sum compensation payment. The person is deemed to have been in receipt of the fortnightly equivalent amount from whichever is the later of:

  • The date that the lump sum payment is made to the person; or
  • The date that the Disability Compensation Payment became payable to the person.

 

 

 

Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/compensation-offsetting-guidelines/2-sources-other-compensation/25-calculating-fortnightly-equivalent-drca-section-30-lump-sum-payments