Military Rehabilitation and Compensation Act 2004
Chapter 4 Part 6
Sections 197 to 210
The SRDP is a tax-free compensation payment for life that can be provided instead of incapacity payments for people whose capacity for work has been severely curtailed because of injury or disease accepted as related to ADF service rendered on or after 1 July 2004.
The SRDP rate of payment is based on the special rate (T&PI) of disability compensation payment provided under the VEA. It is reduced on a dollar-for-dollar basis by the weekly amount of permanent impairment compensation payable. This ensures that the Commonwealth pays compensation for permanent impairment once only. The residual SRDP payment is then offset by the Commonwealth-funded component of superannuation the person is receiving at a rate of 60 cents in the dollar.
To be offered the choice of receiving incapacity payments or SRDP a person must:
1 July 2004
The original intention has not changed.
2012 | Clean energy advance payable for the period 1 July 2012 to 19 March 2013 for eligible recipients. |
2013 | Clean energy supplement commenced 20 March 2013 for eligible recipients. In response to the Review of Military Compensation Arrangements, from 1 July 2013, reimbursement for legal advice was made available to clients when making a choice between Special Rate Disability Pension and incapacity payments. The maximum amount for both financial and legal advice was increased to $2,400. Eligibility criteria were expanded to include former members who are not receiving incapacity payments because of Commonwealth superannuation offsetting or because they had received a lump sum incapacity payment. |
2014 | Clean energy supplement replaced by energy supplement commenced 20 September 2014. |
2023 | From 1 January 2023, the Special Rate Disability Pension was increased by a maximum of $38.46 per fortnight (dpending on offsets) as provided for in the October 2022 Budget. |
Links
[1] https://clik.dva.gov.au/user/login?destination=comment/reply/24009%23comment-form