Document ID: chunk:federal_register_of_legislation:C2024C00866:section:115d:p1
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 115D (pt 1/2)
Character Range: 1471644–1474305

115D  Reduced daily pension amount—pensions under Parts II and IV

Application of section
 (1) This section applies to a veteran if:
 (a) section 23 applies to the veteran; and
 (b) the veteran is engaged in remunerative work of 20 hours or more per week as a result of undertaking a vocational rehabilitation program under the Veterans' Vocational Rehabilitation Scheme.
The section sets out how to work out the veteran's reduced daily pension amount.
Note 1: This amount is used to work out the rate of pension payable under section 23.
Note 2: This section does not apply to certain veterans: see subsections (5) and (6).
 (1A) This section also applies to a veteran if:
 (a) section 24 applies to the veteran; and
 (b) the veteran is engaged in remunerative work of more than 8 hours per week as a result of undertaking a vocational rehabilitation program under the Veterans' Vocational Rehabilitation Scheme.
The section sets out how to work out the veteran's reduced daily pension amount.
Note 1: This amount is used to work out the rate of pension payable under section 24.
Note 2: This section does not apply to certain veterans: see subsections (5) and (6).

Reduced daily pension amount during the initial period
 (2) A veteran's reduced daily pension amount for a pension period that occurs within the initial period is worked out using the following formula:
Note 1: Expressions used in this subsection are defined in subsection (7).
Note 2: The Commission can increase a reduced daily pension amount under section 115F.

Reduced daily pension amount during the second period
 (3) A veteran's reduced daily pension amount for a pension period that occurs within the second period is worked out using the following formula:
Note 1: Expressions used in this subsection are defined in subsection (7).
Note 2: The Commission can increase a reduced daily pension amount under section 115F.

Reduced daily pension amount 5 years after the initial period
 (4) A veteran's reduced daily pension amount for a pension period that occurs more than 5 years after the end of the initial period is nil.

Note: The Commission can increase a reduced daily pension amount under section 115F.

Veteran who is unemployed for at least 2 weeks
 (5) This section does not apply to a veteran who is unemployed for a continuous period of at least 2 weeks in respect of the pension periods within that 2 week period.

Veteran who is blinded in both eyes
 (6) This section does not apply to a veteran for a pension period if the veteran is receiving a pension for the period at the special rate because of subsection 24(3).

Definitions
 (7) In this section:
CPI amount means