Veterans’ Entitlements Act 1986 Disability Pension And Disability Compensation Payments

Written by Claude Haiku 4.5 from the extracted text on 10 Jul 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

Guy Thorburn, the Australian Government Actuary, issued instructions dated 6 January 2026 for calculating disability pension and disability compensation payments under section 25A of the Veterans' Entitlements Act 1986. The instructions establish a formula for determining fortnightly amounts by multiplying a compensation rate by an indexation factor. The document defines key terms including actuarial factors (gender-specific figures derived from nine actuarial tables spanning from December 1988 to March 2026 onwards), compensation rates (based on initial and subsequent six-month periods), and indexation factors (calculated by comparing relevant quarter index numbers to the highest preceding December or June quarter index). The instructions provide the technical framework for calculating ongoing compensation payments to eligible veterans based on their age at the time of their lump sum entitlement date and periodic indexation adjustments.