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SOCIAL SECURITY ACT 1991 - SECT 1034

Lump sum payable in some circumstances

    If:

  (a)   a person is qualified for double orphan pension under section   1033 in relation to the death of a DOP child; and

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

  (c)   immediately before the child died, the child was an FTB child;

a lump sum (worked out using the lump sum calculator at the end of this section) is payable to the person.

LUMP SUM CALCULATOR

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

Method statement

Step 1.   Work out the rate at which double orphan pension was payable immediately before the first available bereavement adjustment payday: the result is called the continued rate .

Step 2.   Work out the number of the person's paydays in the bereavement lump sum period.

Step 3.   Multiply the continued rate by the number obtained in Step 2: the result is the amount of the lump sum payable to the person under this section.



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