Calculating the benefit rate
SWIFTT will automatically calculate the rate of benefit payable when the client's income is added on the INCMA screen.
If income is declared late it may be appropriate to complete a back dated review SBDR. SWIFTT will prompt staff when a back dated review is required. Check SRAUI to determine the period the review is required for.
The Income Assessment tab in DREW can be used to estimate the benefit rate with income for the client.
Income must be rounded down to the nearest dollar.
For more information see:
Legislation
- Rates section 17 Social Security Act 2018
- Young parent payment: incentive payments section 62 Social Security Act 2018
- Rates and component of youth payment and young parent payment, and criteria for incentive payments Part 6 of Schedule 4, Social Security Act 2018
