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2.5 Calculating Fortnightly Equivalent of SRCA 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 pension became payable to the person.