Why Redeem?
Redemption of payments is a practical alternative to continuing to make long term payments, where an employee's incapacity status is stable and unlikely to change.
There are benefits both for the employee and the employer.
Source URL: https://clik.dva.gov.au/military-compensation-reference-library/historical-information/comcare-operations-manual/volume-ten-incapacity-payments/part-six-redemptions/what-redemption/why-redeem
Benefits to the employee
Redemption of payments is a practical alternative to continuing to make long term payments, where an employee's incapacity status is stable and unlikely to change.
There are benefits both for the employee and the employer.
Source URL: https://clik.dva.gov.au/military-compensation-reference-library/historical-information/comcare-operations-manual/volume-ten-incapacity-payments/part-six-redemptions/what-redemption/why-redeem/benefits-employee
Benefits to the employer
Redemption of payments is a practical alternative to continuing to make long term payments, where an employee's incapacity status is stable and unlikely to change.
There are benefits both for the employee and the employer.
Source URL: https://clik.dva.gov.au/military-compensation-reference-library/historical-information/comcare-operations-manual/volume-ten-incapacity-payments/part-six-redemptions/what-redemption/why-redeem/benefits-employer