How Does Centrelink Treat Compensation Payments & Assets
- 2 hrs
- 1 CPD points
- Skills
Receiving compensation for lost income due to an injury or traumatic event can be emotionally restorative and provide people with greater financial freedom, however many people may not realise the impact it can have on their Centrelink payments.
Similarly, people who are planning for a new financial period of their lives, such as downsizing in their retirement, may not understand how the sale of their primary residence and purchase of a new primary residence will be treated by Centrelink in the asset test.
In this session, Eloise Cox, Community Lawyer with Social Security Rights Victoria’s Integrated Services Project, have given an overview of compensation preclusion periods, the assets test, income deeming provisions and common challenges people face in these areas.
This session has also addressed the avenues people can pursue when they do not agree with a Centrelink decision – including appeals – and what help is available for clients and community workers (i.e. when and what SSRV can help with).
Welcome back
Please enter your login details below.
Not a member? Click here to learn more about FCVic membership.
- Published:
- Resource Type: CPD, Learning Materials, Session Recording
- Topics: Social Security and Centrelink