DFISA bonus (ceased 2022)

The information below is for historical reference only.

DFISA bonus ceased 1 January 2022 because adjusted disability income became exempt income under the Social Security Act.  It was defined in section 5Q(1) of the VEA and was a [glossary::373] payment under the former Part VIIAB of the VEA.  A person was entitled to the DFISA bonus if their social security pension bonus was reduced because of the inclusion of [glossary:adjusted DP:178] in the calculation of their [glossary:age pension:675] rate. The DFISA bonus was the difference between:

• the amount of pension bonus received under [glossary:SSL :210], and
• the amount of pension bonus that would have been received if adjusted DP had not been included in the assessment of age pension.