10.12.8.10 Rate Calculation - Agreement with Cyprus
Basis for calculation process
Article 9 of the Agreement with Cyprus, when read with social security law, determines the rate of Australian benefit payable under the Agreement. There are 2 different methods of calculating the rate:
- the proportional rate (outside Australia ) 10.1.9.20,
- the direct deduction rate (inside Australia) 10.1.9.60.
Act reference: SS(IntAgree)Act Schedule 11 Cyprus
Policy reference: SS Guide 10.1.9.20 Outside Australia Rate for Agreement Payments, 10.1.9.60 Inside Australia Rate for Agreement Payments