Periodic compensation arrears charges (CLK) 117-03020000
Expand allThis document outlines the action required when customers receive a lump sum payment for arrears of periodic compensation.
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Arrears of periodic compensation
Assess lump sum payments solely representing arrears of periodic compensation as periodic payments for the period they represent.
Periodic charge
A charge is the amount of social security payments to be repaid when a customer receives a payment solely representing arrears of periodic compensation.
An arrears of periodic charge cannot be calculated if:
- paid with other components as part of a lump sum, or
- paid after a person's death
Different rules apply to ABSTUDY for the treatment of compensation payments.
Contents
Changing and deleting periodic compensation debt details
Raising periodic compensation charges for partnered customers
Related links
Treatment of periodic compensation payments (CLK)
Calculating a charge for lump sum compensation payments (CLK)