Commonwealth Consolidated Acts

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SOCIAL SECURITY ACT 1991 - SECT 660LC

Lump sum payable in some circumstances

                   If:

                     (a)  a person is qualified for payments under this Subdivision in relation to the death of the person's partner; and

                     (b)  the first available bereavement adjustment payday occurs before the end of the bereavement period;

there is payable to the person as a lump sum an amount worked out using the lump sum calculator at the end of this section.

LUMP SUM CALCULATOR

This is how to work out the amount of the lump sum:

Method statement

Step 1.   Add up:

               (a)     the amount that, if the person's partner had not died, would have been payable to the person on the person's payday immediately before the first available bereavement adjustment payday; and

              (b)     the amount (if any) that, if the partner had not died, would have been payable to the partner on the partner's payday immediately before the first available bereavement adjustment payday;

              the result is called the combined rate .

Step 2.   Work out the amount that, but for section 660LD, would have been payable to the person on the person's payday immediately before the first available bereavement adjustment payday: the result is called the person's individual rate .

Step 3.   Take the person's individual rate away from the combined rate: the result is called the partner's instalment component .

Step 4.   Work out the number of the partner's paydays in the bereavement lump sum period.

Step 5.   Multiply the partner's instalment component by the number obtained in Step 4: the result is the amount of the lump sum payable to the person under this section.



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