This topic explains the effect of DFISA on the PLS.

Ordinarily a person who qualifies for the PLS may seek a loan of an amount up to a maximum equal to the difference between the maximum rate of the payment type which he or she is receiving and the actual rate he or she is receiving for that payment type.

However, DFISA effectively supplements the underlying social security pension or benefit in respect of which it is paid. For this reason the maximum amount that a person who qualifies for the PLS can be loaned through the PLS will be reduced by any amount of DFISA which the person is receiving. The sum of a person's fortnightly rates of social security pension, DFISA and pension loan cannot exceed the maximum fortnightly rate of that social security pension.

Act reference: SSAct section 1134(1)(e) The rate of the pension or allowance payable…

Policy reference: SS Guide Rate of PLS

Last reviewed: 1 July 2015