If you are entitled to receive an amount of DVA Permanent Impairment (PI) compensation, the weekly periodical payment will be paid to you on a fortnightly basis.
You can then choose to convert this amount to a lump sum, or a combination of periodic payment and lump sum depending on the percentage of impairment assessed (see the table below).
The decision to receive some or all of your compensation as a lump sum is final and cannot be reversed or altered later.
This also includes any of your remaining periodic compensation, which cannot be converted to another lump sum later on.
| Level of permanent impairment | Combination payment option |
|---|---|
| 10% to 20% of the maximum weekly amount | 50% lump sum, 50% periodic payments |
| Above 20% of the maximum weekly amount | 25% lump sum, 75% periodic payments; or 50% lump sum, 50% periodic payments; or 75% lump sum, 25% periodic payments. |
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